Skip to content
Guavy Logo GUAVY
Sign up
Back to Guavy Wire
Commodities

Gold Soars on Easing Tensions Between US and Iran

Guavy AI Editorial Team
Instruments
Oil Gold
Share

Gold prices rose on Monday as tensions between the US and Iran eased, sending oil prices plummeting by over 4%.

The US dollar index fell 0.3%, making gold more affordable for holders of other currencies.

Tim Waterer, chief market analyst at KCM Trade, said 'Gold is a clear beneficiary today of the dual price action in oil and the U.S. dollar.'

Investors are now waiting for the US Federal Reserve's policy decision due on July 28-29, where rates are expected to remain unchanged.

The FedWatch Tool indicates a 76% chance of a rate hike in September.

More on Commodities

Commodities 1m ago

Gold Prices Surge Amid Weakening Dollar and Easing Tensions

Commodities 1m ago

Iraqi Gold Prices Surge in Baghdad and Erbil

Commodities 1m ago

Laopu Gold Profit Growth Slows Amid Declining Gold Prices

Disclaimer: Guavy is a data and market intelligence provider, not an investment advisor. The information, signals, and market analysis provided by the Guavy API and related services are for informational purposes only and are not intended as financial advice, investment recommendations, or an endorsement of any particular trading strategy. Trading in volatile markets, including cryptocurrency, carries significant risk and may not be suitable for all investors. Past performance is not indicative of future results. Users should consult with a qualified financial professional before making any investment decisions. Guavy makes no guarantee of trading profits or financial returns.

Guavy Logo GUAVY

Real-time market sentiment intelligence for apps, funds & agents

Location

729 55 Ave SW
Calgary AB T2V 0G4
Canada

Navigate

Markets

Resources

© 2026 Guavy Inc

Terms Privacy Policy