Spot Gold Surpasses US$4,400; Spot Silver Rises Over 4%
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 1d ago
0mins
Source: aastocks
Commodity Price Surge: Prices of commodities rose significantly during the Asian session following US military action against Venezuela, with gold reaching $4,410.09 and silver climbing to $75.78 per ounce.
Cryptocurrency Gains: The cryptocurrency market also saw increases, with Bitcoin rising 3.1% to $92,962 and Ethereum up 2.4% to $3,188.
US Jobless Claims: Initial Jobless Claims in the US for December 27 were reported at 199K, lower than the previous 215K and below the forecast of 220K.
Oil Price Fluctuations: Oil prices experienced slight declines, with New York oil futures for February delivery dropping to $57.24 and Brent oil futures for March delivery falling to $60.71.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
