Crude Oil Prices Down 40% From Iran-US Conflict High Of $120/Bbl; Gold Prices Above $4,200/Oz Metropolitana Di Catania [gLN5lDSZDdv]

Crude oil has remained firmly below $80 per bbl, with Brent crude hovering around $78.50 and West Texas Intermediate (WTI) around $75.50. This decline follows optimism over a US-Iran peace deal and the reopening of the Strait of Hormuz, erasing wartime spikes that previously pushed prices near $120

Meanwhile, gold prices rose over 1%, rebounding from a more than one-week low hit in the previous session, aon easing kln vs heidenheim concerns around inflation and higher interest rates. wolfsburg vs bayern Spot gold price gained 1.2% to $4,209.03 per ounce, while US gold futures for August delivery fell 0.5% to $4,225.80. Spot silver price rallied 2.6% to $66.60 per ounce.

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