The Economic Times

Why are oil prices up while gold down now, and will Brent, US WTI crude futures continue to rise or experience wild swings?

Why are oil prices up while gold down now, and will Brent, US WTI crude futures continue to rise or experience wild swings? Oil rose as Middle East tensions limited supply and shipping through the Strait of Hormuz. Gold slipped while investors tracked central bank meetings and economic data. Global stocks moved slightly higher. Analysts now watch inflation, interest rates, earnings, and diplomacy to understand the next move in oil and gold markets.