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Oil Price - Pound, gold and oil prices in focus: commodity and currency check, 17 December

17-12-2024 02:32

Gold prices fell in early European trading on Tuesday, as investors remained cautious ahead of a series of key central bank meetings this week, with the US Federal Reserve's meeting drawing particular attention. Spot gold declined 0.6%, trading at $2,642.72 per ounce, while US gold futures slipped 0.5% to $2,658.30.

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Oil Prices Start the Week Lower on Profit-Taking

Oil prices have declined slightly due to profit-taking, but geopolitical tensions and a potential Fed rate cut could push prices higher.

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