Gold Research

Oil: Volatile on Iran conflict swings – UOB

UOB strategists report that Oil prices initially fell sharply as the United States (US) military campaign against Iran remained paused, with WTI dropping to USD 79.26 and Brent to USD 84.10.

UOB strategists report that Oil prices initially fell sharply as the United States (US) military campaign against Iran remained paused, with WTI dropping to USD 79.26 and Brent to USD 84.10.

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