Brent Surges 3% to $78 as US-Iran Strikes Rekindle War Premium; Gold Under Rate Pressure
Oil prices jump after US missile attacks on Iran, with Nirmal Bang projecting crude range-bound to higher and gold range-bound to lower as higher energy costs stoke inflation and rate-hike bets. Traders must navigate divergent paths between energy and precious metals.
Source: newyorkstatesman.com · newyorktelegraph.com