
Gold Dips as Middle East Tensions Push Oil Above $100, Shifting Price Discovery in China
On July 24, 2026, gold prices slipped slightly, extending losses from the previous day as Brent crude oil surged past $100 a barrel due to escalating Middle
Energy, metals, agriculture, softs. Where supply, demand, and geopolitics shape physical-asset prices.

On July 24, 2026, gold prices slipped slightly, extending losses from the previous day as Brent crude oil surged past $100 a barrel due to escalating Middle

On July 22, 2026, gold prices climbed to their highest level in two weeks, with spot gold reaching around $4,130.59 per ounce.

On July 21, 2026, gold prices rose 1%, recovering from a recent dip below $4,000 per ounce amid hopes for US-Iran diplomatic progress.

Oil markets are rattled by renewed conflict between the United States and Iran, with WTI crude surging to $84.68 per barrel and Brent crude topping $90.

Gold stayed firm as Fed rate concerns and geopolitical tensions shaped safe-haven demand. Here are the levels to watch.

On July 17, 2026, gold prices slipped to $4,010.60, pressured by robust U.S. retail sales data that reinforced expectations of a hawkish Federal Reserve stance.

On July 16, 2026, gold fell 2.2% to around $3,973, breaching the key $4,000 threshold for the first time since November 2025.

After tumbling below $4,000 on July 14 due to surging oil prices sparked by renewed US naval blockades in the Strait of Hormuz, gold steadied near $4,060 the

On July 15, 2026, copper prices rose modestly following lower-than-expected US Core CPI figures, which weakened the US dollar and pushed interest rates down

On July 14, 2026, gold prices hovered around $4,084 per ounce after a dip triggered by escalating US-Iran geopolitical tensions and hawkish Federal Reserve

On July 13, 2026, gold prices fell to $4,081.43 per troy ounce, down 0.96% from the previous day.

Gold’s price action this week reflects a tug-of-war between macroeconomic forces and geopolitical risks.
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