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International oil prices plunged, gold and silver prices rose
Industry News

International oil prices plunged, gold and silver prices rose

2026-04-08

Affected by the announcement from the United States and Iran agreeing to a two-week ceasefire, New York crude oil futures prices fell sharply on the 7th. Data shows that after the US and Iran successively announced agreement to a ceasefire, the May delivery light crude oil futures price on the New York Mercantile Exchange once fell by as much as 19%. Brent crude prices also declined. Gold and silver prices surged  

Beijing time on the 8th, entering the Asian trading session, international gold and silver prices rose rapidly. As of 7 a.m. Beijing time, the New York Mercantile Exchange gold futures price was $4,842.50 per ounce, an intraday increase of 3.37%, and silver futures were $76.295 per ounce, an intraday increase of 5.98%.