The price of oil remains above 116 dollars; Gold and silver under the pressure of the dollar The global markets were affected by the geopolitical developments in the Middle East, the strengthening of the dollar and waiting for the important decisions of the central banks. Brent remained above $116 a barrel, trading near its highest level since June 2022, while gold fell into the $4,000 range and silver fell below $53. In the base metals market, copper returned to the $6.55 per pound range due to improved demand for AI-related trades. Report details.