Gokhan Ergocun
09 November 2026•Update: 09 November 2026
Precious metal prices opened the week with gains on Monday, while global crude oil benchmarks extended their downward trend.
Spot gold rose 1.16% to $4,117.79 per ounce, bringing its weekly gain to 4.3%, according to market data, as of 0620GMT.
Silver climbed 1.62% to $52.72 per ounce, marking a 4.14% advance over the past week.
In energy markets, international benchmark Brent crude fell 1.5% to $96.84 per barrel, widening its weekly loss to 7.43%.
West Texas Intermediate (WTI) crude oil slipped 0.98% to $89.94 per barrel, down 6.59% on a weekly basis.
Heating oil edged down 0.10% to $4.33 per gallon, while gasoline declined 0.57% to $2.76 per gallon.
Meanwhile, European natural gas rose 1.03% to €86.48 ($96.5) per megawatt-hour, though prices remained 8.86% lower for the week.