The jump in the price of gold in the world market / oil became cheap
According to Webangah News quoted by Mehr News Agency, citing Reuters news agency, published reports that Israeli Prime Minister Benjamin Netanyahu held a meeting with members of his war cabinet to examine the possibility of finding a diplomatic solution to the current conflicts in the Middle East from the base American Axios caused the price of oil to drop in the world market.
Accordingly, the hopes of reducing the conflicts in the Middle East, which can reduce the supply of oil from this region, are under Al Shaa’a put it, caused the price of oil to take a downward trend in today’s transactions.
North Sea Brent oil decreased by 30 cents to $71 and 12 cents per barrel. It was traded. The price of Texas WestIntermediate oil also decreased by 17 cents to 67 dollars and 21 cents. receipt.
Now, in addition to political issues, the energy market is worried about the decrease in demand from China as the world’s largest importer of crude oil.
In the precious metals market, each ounce of gold jumped 1.42% to $2,781. Silver was traded at 34 dollars and 44 cents per ounce with an increase of 1.92%.