Ceasefire or Calm Before the Storm? Gold Steady, Oil Retreats

Gold held at $4,328 as the fragile Iran-Israel ceasefire kept markets cautious ahead of U.S. CPI data. Oil retreated 1.4-1.9% as the truce eased supply fears, while Strait of Hormuz restrictions and falling Chinese demand kept sentiment mixed.

Eghtesad News · Gold · 2026-06-09 09:33:23Z

Tags: gold-price · oil-price · iran-israel-ceasefire · federal-reserve · strait-of-hormuz ·

Original source: Eghtesad News

Back to all news