Gold and Silver Prices Rise as Oil Eases, Fed Rate Path Remains in Focus

The price of gold rose by 0.32% to $4,356.80 per ounce on Tuesday, while silver jumped 1.63% to $66.970.

This modest gain in gold and sharp climb in silver came as oil prices eased, with Brent crude settling around $99.25 per barrel after briefly dropping under $98.

The development helped equities, with the Nasdaq Composite adding 0.5% to a record finish of 27,244.28.