New Week's First Developments in Gold and Oil Prices

Serdar HocamAuthor & Editor

Spot gold climbed above 4,150 dollars, while international oil markets started the week with a decline.

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Altın ve petrol fiyatlarında ibre tersine döndü! Kritik sınır aşıldı!

While US employment data and geopolitical risks in the Middle East impacted the markets, gold prices recorded an increase and oil prices retreated.

Latest Status in Spot Gold Prices

Spot gold started the day at 4,138 dollars and saw lowest and highest levels of 4,132 dollars and 4,162 dollars during the day.

Changes in Gram Gold Market

Gram gold started the new day at 6,536 liras and then fluctuated between 6,528 liras and 6,579 liras during the day.

International Oil Markets

While international oil markets started the new week with a decline, the barrel price of Brent crude retreated by 0.28 percent down to the level of 101.96 dollars.

Global Factors Affecting Markets

Lower-than-expected employment data from the US reduced the Fed's pressure to raise interest rates, while military operations in the Middle East increased risks.