Quartz·1 min read·medium

Gold surges above $4,100 as US-Iran fighting pause sends oil prices lower

Cris Tolomia
AI Summary

Global oil prices dropped significantly following a temporary pause in hostilities between the United States and Iran. Conversely, gold prices experienced a surge, climbing above $4,100.

Brent crude tumbled as much as 9.5% after Washington and Tehran held off attacks for a third straight night

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