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Gold Prices Surge As Oil Slumps On US-Iran Peace Deal Hopes

Geopolitics & WarEnergy Markets & PricesCommodities & Raw MaterialsCurrency & FXInvestor Sentiment & Positioning

Gold prices moved higher while oil fell nearly 5% and the dollar hovered near a one-week low after President Trump said a peace deal with Iran had been "largely negotiated." The move signals a risk-off shift in commodities and FX tied to easing Middle East tensions. The geopolitical headline has immediate implications for oil supply-risk pricing and safe-haven demand.

Analysis

Gold prices moved higher while oil fell nearly 5% and the dollar hovered near a one-week low after President Trump said a peace deal with Iran had been "largely negotiated." The move signals a risk-off shift in commodities and FX tied to easing Middle East tensions. The geopolitical headline has immediate implications for oil supply-risk pricing and safe-haven demand.

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