Gold Rebounds as Oil Slumps on Growing Bets of US-Iran De-escalation

Gold prices recovered while oil extended a sharp sell-off on Monday as investors increasingly positioned themselves for a possible easing of tensions between Washington and Tehran, raising expectations that inflation pressures and disruptions to global energy flows could gradually subside. The simultaneous rebound in bullion and retreat in crude reflected a broader reassessment across global […] The post Gold Rebounds as Oil Slumps on Growing Bets of US-Iran De-escalation appeared first on The Middle East Observer.