Gold Rises as Oil Falls; Markets Analyze US Federal Reserve Signals
Press coverage 2 newspapers covered this event: Al-Seyassah · Al-Wasat →
Gold prices rose following a drop in oil, while investors monitor Federal Reserve statements to determine the trajectory of interest rates.
Translated by Qiyas from الوسط — Original source
Gold prices rose on Monday following a selling wave in the previous session, as declining oil prices eased inflation concerns, while investors scrutinized statements from the Federal Reserve (the U.S. central bank) for clues about the trajectory of U.S. interest rates. Spot gold rose 0.7 percent to $3,900.90 per ounce by 0440 GMT, after hitting a one-year low in the previous session. U.S. December gold futures rose 0.3 percent to $3,909.70. Gold fell 3.5 percent on Friday to its lowest level since October 2025, slipping below the $4,000-per-ounce mark. In other precious metals, spot silver rose 1.8 percent to $49.97 per ounce, platinum gained 0.1 percent to $1,432.63, while palladium remained unchanged at $976.31.
