Brent Crude Rises Above $104 a Barrel While Spot Silver Falls 1%
Gate data showed Brent crude gained 1.87% on the day, while spot silver declined intraday to $74.40 per ounce.
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Terms & Concepts
- Brent crude: A major global oil benchmark used to price a large share of internationally traded crude.
- Spot price: The current market price for immediate purchase or sale of an asset such as silver.