
Oil and Gold Prices Fluctuate Amid Middle East Risks
Oil prices are fluctuating due to increasing risks to Middle East flows, while gold prices are also experiencing turbulence. These market movements are influenced by geopolitical tensions and concerns about the Federal Reserve.
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Oil fluctuates as risks to Middle East flows mount
By Kanoko Matsuyama, Alex Longley and Will Kubzansky
Read full article →Gold prices face turbulence as oil, Fed risks increase
Renewed hostility between the US and Iran could cause global gold prices to plunge to US$3,600-3,800 an ounce, or 60,000 baht per baht-weight for domestic gold bar, especially if oil prices rise to $90-100 a barrel and remain at that level for more than a month, according to Thailand's leading gold trader MTS Gold.
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