Gold and Silver Climb as Oil Slides and Dollar Softens; US Inflation Data Due Tuesday
Sahmino Newsroom | 9 November 2026 | 5 days ago
Precious metals rose in trading on Monday, November 9, 2026 (18 Aban 1405). Gold gained 1.24 percent to 4,120.74 dollars an ounce; silver climbed 1.81 percent to around 52.82 dollars and platinum rose 0.94 percent to 1,551.30 dollars.
Mehr archive image of gold bars, used with a global gold price report
Archive photo | Source: Mehr News
According to Arzdigital, the weekly slide in oil prices and easing inflation worries have supported gold. Brent fell 1.5 percent to 96.8 dollars early on Monday, and the US dollar index slipped 0.22 percent. Donald Trump had said new military strikes on Iran were unlikely if talks progress, which eased concern about oil supply disruption.
The market is now waiting for US consumer price inflation data for October, due on Tuesday, November 10 (19 Aban) at 17:00 Tehran time. The figure could shift expectations for Federal Reserve policy and gold's short-term direction.
Sahmino context
What the prices have done since this story was published, and what Sahmino wrote around it
Sahmino's reading
In Sahmino's data at 10:54 Tehran time on Monday, the gold ounce was 4,101 dollars (0.75 percent above the previous day) and Brent was 97.1 dollars (1.24 percent lower); the figures differ slightly from the report because of the time they were recorded.
Since this story was published, Gold ounce fell 6.3 percent, to 3,884 dollars.
Over the same days, 18k gold (gram) fell 2.0 percent, to 250,388,000 rial.
- Gold ounce
- −6.3%
- 18k gold (gram)
- −2.0%
Prices to the close of 13 November
From Sahmino that week
The lesson behind this story
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