Brent Crude Oil

Brent is the international price of crude oil, set in Europe. It's the most important oil price in the world and affects prices of almost everything — from gasoline to plastic to food transport.

Oil and gold often move together, but not because one causes the other — they share common drivers. Both rise when: the dollar weakens, geopolitical tensions rise, or investors worry about inflation. Oil rising CAN push gold up indirectly: higher oil → higher inflation expectations → gold as inflation hedge. But oil is a context indicator for gold, not a direct cause.