Spot Silver Plunges 4% While Brent Oil Surges 6% Intraday

BZ5.62%
Spot silver fell 4.0% intraday on July 7 to $59.51 per ounce, while Brent crude oil rose 6.0% to $76.34 per barrel. The oil price surge followed a new tanker attack in the Strait of Hormuz. In response, the U.S. Treasury Department revoked a sanctions waiver that had allowed Iranian oil sales, reversing a key provision of a previous interim peace agreement with Tehran.
Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.
Comment
0/400
No comments