Business · Markets · 7 hrs ago
Gold and silver rise as oil prices extend weekly declines
On Nov.
9, gold and silver prices rose as the week began.
Spot gold climbed 1.16% to $4,117.79 an ounce, bringing its weekly gain to 4.3%.
Silver rose 1.62% to $52.72 an ounce, up 4.14% over the week.
Brent and WTI crude continued to fall, dropping 1.5% to $96.84 and 0.98% to $89.94 a barrel, respectively.
Their weekly losses reached 7.43% for Brent and 6.59% for WTI.
European natural gas rose on the day to 86.48 euros per megawatt-hour, but remained 8.86% lower for the week.
These figures show precious metals gaining while oil weakened, with no further market outlook provided.
Gold and silver rose on Nov. 9 as global crude oil benchmarks extended their weekly declines.
Spot gold gained 1.16 percent to $4,117.79 per ounce, up 4.3 percent over the week.
Silver climbed 1.62 percent to $52.72 per ounce, a weekly advance of 4.14 percent.
Brent crude fell 1.5 percent to $96.84 per barrel, extending its weekly loss to 7.43 percent.
West Texas Intermediate crude slipped 0.98 percent to $89.94 per barrel, down 6.59 percent for the week.
- Who
- Precious metals and crude oil markets.
- What
- Gold and silver prices rose while crude oil prices extended their weekly declines.
- When
- Nov. 9, 2026.
- Where
- Global markets.
- Why
- Not stated.
This story does not have two clearly opposing sides.
This story does not have a timeline yet.
- Gold
- $4,117.79 per ounce; up 1.16 percent on Nov. 9
- Silver
- $52.72 per ounce; up 1.62 percent on Nov. 9
- Brent crude
- $96.84 per barrel; down 1.5 percent on Nov. 9
- WTI crude
- $89.94 per barrel; down 0.98 percent on Nov. 9