Gold and Silver Rise with Crude Oil as Iran War Escalates, AI Tech Debt Hits Headlines - BullionVault
Gold and Silver Rise with Crude Oil as Iran War Escalates, AI Tech Debt Hits Headlines - BullionVault
Source: BullionVault
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DW NOTE
Gold is down 23.5% from its January peak and silver has fallen 48.3%, which tells you what happens when the shooting stops. The Iran ceasefire reopened the Strait of Hormuz in late June — oil supply disruption persists at 10–14 million barrels per day, but Brent has recovered 15% in a month as tanker traffic resumes. If this is an "escalation," someone forgot to tell the gold market.