Trump’s Iran Decision Sends Oil Tumbling, Boosts Gold

U.S. President Donald Trump’s decision to postpone Iran attacks triggered a sudden plunge in global energy markets and an unexpected jump in gold demand.

Shockwave Through Energy Markets

■Crude oil prices fell over 5%, with Brent sliding to $79.5 per barrel.

■Trump’s postponement of Iran strikes reduced geopolitical uncertainty, curbing demand.

■Japan’s currency intervention after the move saw USD/JPY volatility, pressuring the dollar.

Gold Market’s Cautious Rise

■Spot gold up 0.4% to $4,055.76 per ounce.

■U.S. gold futures up 0.9%, trading at $4,054 per ounce.

■Analyst Tim Waterer (KCM Trade) highlighted “cautious optimism”.

Dollar Weakening and FX Dynamics

■USD index slipped 0.3% to 102.2.

■Japanese intervention led to a 0.6% decline in USD/JPY.

Fed’s Watchful Stance: Deepening Rate‑Split

■Three Fed officials voted for a rate hike, reiterating inflation concerns.

■Markets remain dovish‑tilted but cautious regarding Fed rate expectations.

The market is likely to see the energy‑price decline easing inflation pressures after Trump’s geopolitical maneuver, yet the Fed’s rate‑policy uncertainty will keep gold’s rally in check. In the near term, a continuing USD weakness paired with further oil downside risk makes gold an attractive safe‑haven asset.