# Market Watch 8/11: Gold bars and rings turn sharply lower, world oil prices rise

> The report says domestic gold prices fell, while global oil prices edged up amid concerns about US–Iran tensions. It also reports that Brent fell about 17% and WTI about 13% over the week, while the DXY rose 0.39% to 102.28.

- Date: 2026-11-08 · published 2026-11-08T06:11:15.638Z
- Category: geopolitics · region Global · magnitude medium
- Page: https://feedsoft.ai/events/87071-market-watch-8-11-gold-bars-and-rings-turn-sharply-lower-world-oil-prices-rise
- Commodities: [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

The steep weekly crude decline can ease energy and transport costs for feed buyers, although renewed geopolitical concern could support prices in the short term. The report’s weekly price movement is bearish for crude overall.

## Read by commodity

- DXY: bullish ▲
- WTI: bearish ▼
- BRENT: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| BRENT | 2026-08-28 | [Nymex Overview: Oil Prices Easing, on Track to End Week Lower -- OPIS - MarketWatch](https://feedsoft.ai/events/18054-nymex-overview-oil-prices-easing-on-track-to-end-week-lower-opis-marketwatch.md) | +8.9% | +26.2% |
| BRENT | 2026-05-05 | [Oil prices bounce off lows, as an Iran peace deal may be just a ‘structured pause’ - MarketWatch](https://feedsoft.ai/events/9583-oil-prices-bounce-off-lows-as-an-iran-peace-deal-may-be-just-a-structured-pause.md) | -9.6% | -16.4% |
| BRENT | 2020-01-08 | [Oil Prices Drop Sharply as Worry Over Iran Attacks Fades](https://feedsoft.ai/events/9663-oil-prices-drop-sharply-as-worry-over-iran-attacks-fades.md) | -5.9% | -21.3% |
| BRENT | 2026-02-02 | [Oil Closes Sharply Lower as Iran Risk Fades \| Rigzone](https://feedsoft.ai/events/8798-oil-closes-sharply-lower-as-iran-risk-fades-rigzone.md) | -3.1% | +0.6% |
| BRENT | 2026-10-29 | [Crude oil slips below $102, Brent near $114: Will oil prices cool or rise further? World Bank explains](https://feedsoft.ai/events/258-crude-oil-slips-below-102-brent-near-114-will-oil-prices-cool-or-rise-further.md) | -5.4% | — |
| WTI | 2026-08-28 | [Nymex Overview: Oil Prices Easing, on Track to End Week Lower -- OPIS - MarketWatch](https://feedsoft.ai/events/18054-nymex-overview-oil-prices-easing-on-track-to-end-week-lower-opis-marketwatch.md) | +9.2% | +13.1% |
| WTI | 2026-05-05 | [Oil prices bounce off lows, as an Iran peace deal may be just a ‘structured pause’ - MarketWatch](https://feedsoft.ai/events/9583-oil-prices-bounce-off-lows-as-an-iran-peace-deal-may-be-just-a-structured-pause.md) | -7.6% | -11.4% |
| WTI | 2020-01-08 | [Oil Prices Drop Sharply as Worry Over Iran Attacks Fades](https://feedsoft.ai/events/9663-oil-prices-drop-sharply-as-worry-over-iran-attacks-fades.md) | -7.0% | -18.9% |

## Sources

- htv.vn: https://htv.vn/bat-song-thi-truong-8-11-gia-vang-mieng-va-vang-nhan-quay-dau-giam-manh-gia-dau-the-gioi-tang-222261108093220134.htm

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.