Gold Falls Below $4,100, Silver Loses 3.6% Amid Rising Oil Prices and Inflation Concerns
On Thursday, gold fell below $4,100 per ounce, while silver dropped about 3.6%. Rising oil prices following an attack on Saudi Aramco's Shaybah oil field heightened inflation concerns and lowered expectations for monetary policy easing. Markets expect the Fed, ECB, and Bank of Japan to keep rates unchanged.
Javlon Tursunov