Gold and Oil after the ceasefire

Author: Hive account@aljif7
Platform: Hive
Date: 24 June 2025
Category: Finance

Wednesday morning session is beginning for Asia Markets.
Here a snap for Gold and Oil.

Gold inches toward $3,330/oz and Brent crude climbs to $68/bbl as markets react to ongoing uncertainty in the Middle East. A fragile Iran-Israel ceasefire—already strained by renewed attacks—and U.S. strikes that only temporarily delayed Iran’s nuclear program are keeping investors on edge.

Gold price is at 3,322.80 at the moment of this post.

Meanwhile, U.S. crude inventories fell sharply for the fourth week in a row, tightening supply, though OPEC+ stands ready to respond with spare capacity if needed.

Oil price is at 68.10 at the moment of this post.

With the Fed also divided on rate cuts, volatility could remain the theme across both commodities. ⛽💰

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