Iran Escalation Pushes Brent Toward $102 as Gold Cracks $4,300

The same Iran escalation is pushing Brent toward $102 through supply risk while dragging Gold toward $4,230 through the rate channel — higher oil raises inflation expectations, higher expected rates raise the opportunity cost of holding bullion, and that rate channel is currently overpowering geopolitical demand for Gold. The post Iran Escalation Pushes Brent Toward $102 as Gold Cracks $4,300 appeared first on ActionForex.