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Forex

Gold Soars as Oil Prices Dip Amid Saudi Pipeline Restarts

Guavy AI Editorial Team
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USD
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Gold prices rose for a second consecutive day on Friday, reaching their highest level since September 11, as buying at lower levels continued.

The price of gold increased by 1.1% to $4,387.14, while the US dollar index fell around 0.1%, moving further away from its seven-week high.

Global oil prices declined for a third consecutive day due to Saudi comments about restoring the East-West pipeline and Chinese efforts to contain Houthi attacks on Saudi Arabia.

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