On the gold market, the ounce price declined after rising during the day, falling below $5000. U.S. stocks closed lower on Wednesday with losses in technology stocks, while European stocks hit a record high. Oil prices rose by about 3% on Wednesday as the market awaited upcoming talks between the United States and Iran on Friday.
US and European Markets: Tech Stocks Decline, Oil Prices Rise
U.S. stocks closed lower on Wednesday with losses in technology stocks, while European stocks hit a record high. Oil prices rose by about 3% on Wednesday as the market awaited upcoming talks between the United States and Iran on Friday. On the gold market, the ounce price declined after rising during the day.