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Crude Oil Prices Extend Decline; Gold Prices At Record High, Notches Best Yearly Gain In 14 Years

Gold prices scaled another record high on Monday led by elevated Middle East tensions and US elections uncertainty, while silver hit a near 12-year peak. Spot gold rose 0.2% to $2,724.88 per ounce, after hitting an all-time high of $2,725.81 earlier in the session, while US gold futures gained 0.4% to $2,740.00. Meanwhile, International crude oil prices declined in the previous session to log their biggest weekly decline in one year after data showed China's economic growth slowed amid weak demand and investors digested a mixed Middle East outlook. Brent crude futures fell $1.39, or 1.87 per cent, to $73.06 a barrel. US West Texas Intermediate (WTI) crude settled at $69.22 per barrel, down $1.45 or 2.05 per cent. Brent settled more than seven per cent lower this week, marking its biggest weekly decline since September 2. #crudeoil #crudeoilprices #brentcrudeoilprices #goldprices #cnbctv18 #businessnews #businessnewstoday #businessnewsinenglish #sharemarkettoday Read web story: https://www.cnbctv18.com/market/oil-s... 🔴CNBC TV18 LIVE TV: https://youtube.com/live/P857H4ej-MQ SUBSCRIBE to our Channel: https://bit.ly/3nvEcxf --------------------------------------------------------------------------------------------------------------------- 👑 Check Out Top CNBC TV18 Playlist Videos: 🔹Lok Sabha Elections 2024:    • Плейлист   🔹CNBC TV18 Digital Podcast:    • I Did It My Way - CNBC TV18 Digital P...   🔹Sounding Board:    • Sounding Board | CNBC TV18   🔹International Videos:    • World News - CNBC-TV18   🔹CNBC TV18 Market Cafe:    • CNBC TV18 Market Cafe   🔹CNBC TV18 Digital:    • CNBC-TV18 Digital Videos   🔹CNBC TV18 Weekend Special:    • CNBC-TV18 Weekend Special   🔹CNBC TV18 Next-Gen:    • CNBCTV18 Next-Gen   🔹Overdrive Show:    • OVERDRIVE || CNBC TV18   🔹Young Turks:    • YOUNG TURKS - The Entrepreneurship Show   🔹Startup Streets:    • Startup Street   ------------------------------------------------------------------------------------ You can also connect with CNBC-TV18 News Online Catch the latest news: https://bit.ly/2YbpXBM Follow CNBC-TV18 round the clock: https://www.cnbctv18.com/live-tv/ Stay updated with all the market action in real time: https://www.cnbctv18.com/market-live/ You can also stay updated with all the latest news on-the-go with CNBC-TV18 Minis: https://www.cnbctv18.com/minis/ Like us on Facebook:   / cnbctv18india   Follow us on Twitter:   / cnbctv18news   Follow us on Instagram:   / cnbctv18india   Catch us on: Linkedin:   / cnbc-tv18   n18oc_business About CNBC-TV18: India's leading business news channel, CNBC-TV18 offers the most comprehensive coverage of businesses, the economy and the financial markets. Catch all your favourite shows, exclusive videos, big-ticket interviews and more here.