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Markets: Oil prices rise, gold edges higher

A man at a financial company looks at a screen that shows market activity in Sao Paulo, Brazil, October 26, 2026. (REUTERS)
28 Oct 2026 09:49

CAPITALS (WAM)

Oil prices rose on Wednesday, even as gold prices continued to edge higher.

Brent crude futures climbed $1.48, or 1.3 percent, to $115.36 per barrel by 01:40 GMT. US West Texas Intermediate (WTI) crude futures rose $1.22, or 1.22 percent, to $101.12 per barrel.

Spot gold meanwhile rose 0.1 percent to $4,061.86 per ounce by 00:36 GMT, while US gold futures for December delivery steadied at $4,075.60.

Spot silver rose 0.1 percent to $54.38 per ounce, platinum lost 0.2 percent and fell to $1,537.58, and palladium gained 0.5 percent to reach $1,031.42.

Source: WAM
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