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Gold Falls 1.6% to $4,095.34 an Ounce as Silver Drops 3.2%

European indexes rose, while oil prices moved in opposite directions. The dollar gained against the offshore yuan and yen.

A gold bar rests beside a silver ingot in soft morning light / TokenPost.ai
A gold bar rests beside a silver ingot in soft morning light / TokenPost.ai

Gold fell 1.6% to $4,095.34 an ounce at 9:31 a.m. ET (13:31 UTC) Oct. 14, while silver dropped 3.2% to $56.962 an ounce.

European indexes moved higher. The Euro Stoxx 50 rose 0.32% to 6,193.19, the FTSE 100 gained 0.37% to 10,679.8 and the DAX 40 advanced 0.44% to 25,406.7.

Oil prices diverged. West Texas Intermediate crude rose 0.76% to $96.40 a barrel, while Brent crude declined 0.48% to $108.26.

The dollar gained 0.1% against the offshore Chinese yuan, reaching 6.69856, and rose 0.36% against the yen to 158.877.

Enna Lee

Reporter

Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

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