Gold and Silver Prices Decline Amid Rising Oil Prices

Gold and silver prices fell on Thursday, April 23, 2026, as oil prices surged due to tensions in the Strait of Hormuz. Gold futures opened near Wednesday's closing price but dropped to $4,706.80, while silver futures fell to $75.18. Rising oil prices and inflation concerns are influencing market sentiment.

By Tim Manni · Lead Editor Thu, April 23, 2026 at 1:58 PM GMT+3 3 min read · Yahoo Finance · April 23, 2026, 10:58 UTC

Gold and Silver Prices Decline Amid Rising Oil Prices

Topics: Gold Inflation Middle East Tensions Oil Prices Silver

Read the full article at Yahoo Finance

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