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Oil Slides on US-Iran Peace Hopes as Gold Jumps 2%

H+Headlines PlusAutoCompiled automatically from 1 source · updated 27 days ago
In This StoryAuto-extracted · NER + AI entities
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MMoneycontrol.comUSUnited StatesIIran
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AI Summary · generated from 1 source

Oil is tumbling as markets bet on possible US-Iran peace deal hopes, while gold is rallying 2% on safe-haven demand. The move underscores how quickly geopolitics can swing commodity prices. Traders are weighing the impact of any thaw in tensions on crude supply and risk appetite. For now, metals are catching a bid even as energy prices lose steam.

Moneycontrol.comUnited StatesIran

Sources · 4 covering this story

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US-IRAN PEACE DEAL REACHED US President Donald ... ↗

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The United States and Iran have reached a peace ... ↗

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The United States and Iran have reached a peace ... ↗

TikTok · @7newsaustralia
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US President Donald Trump says the United States and Iran ... ↗

TikTok · @abcnewsaus

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