Gold Research
Oil: Middle East tensions revive inflation channel – BNY
BNY reports that renewed Iranian–U.S. hostilities lifted Brent above 3%, reviving the inflation channel but remaining secondary to Fed and AI valuation drivers.
BNY reports that renewed Iranian–U.S. hostilities lifted Brent above 3%, reviving the inflation channel but remaining secondary to Fed and AI valuation drivers.
Gold impact rationale
Rising geopolitical risk strengthens gold's defensive appeal.
- Source: FXStreet news
- 2026-07-29
- geopolitics
Topics: gold news, gold price impact, geopolitics