Home > Media News >
Gold falls amid rising oil prices, inflation concerns
26 May, 2026 / 01:57 PM /
GOLD /OIL PRICES
WAM: CAPITALS, 26th May, 2026 - Gold prices fell on Tuesday, as rising oil prices fuelled concerns around inflation and higher-for-longer interest rates.
Spot gold was down 0.6 percent at US$4,542.20 per ounce as of 04:01 GMT. US gold futures for June delivery gained 0.4 percent to US$4,542.80.
Spot silver fell 1.6 percent to US$76.84 per ounce, platinum lost 0.8 percent to US$1,952.56, and palladium slid 1.2 percent to US$1,381.27.
