🚨 Oil Prices Drop to $86.50, Gold ETF Hits All-Time High
📉 Oil Price Plunge Influenced by expectations of a one-month ceasefire between the US and Iran, WTI crude oil fell below $87 during intraday trading, while Brent crude broke through the $100 level. The market is trading ahead of "war premium" dissipation—despite Iran denying negotiations, the situation remains highly uncertain. 🥇 Gold Surges Meanwhile, the largest US gold ETF $GLD assets under management skyrocketed to $181 billion, approaching historical peaks: More than doubled in less than a year, surging +503% over 8 years Gold holdings reached 1,098 tons, hitting a new high since April 2022 Added 274 tons since March 2024 📌 In a Nutshell The market is pricing in two paths: ceasefire → oil falls, risk-off → gold buys. The next 72 hours are a critical window. #黄金 # Crude Oil #中东局势 #GLD #FederalReserve
🚨 Oil Prices Drop to $86.50, Gold ETF Hits All-Time High
📉 Oil Price Plunge
Influenced by expectations of a one-month ceasefire between the US and Iran, WTI crude oil fell below $87 during intraday trading, while Brent crude broke through the $100 level. The market is trading ahead of "war premium" dissipation—despite Iran denying negotiations, the situation remains highly uncertain.
🥇 Gold Surges
Meanwhile, the largest US gold ETF $GLD assets under management skyrocketed to $181 billion, approaching historical peaks:
More than doubled in less than a year, surging +503% over 8 years
Gold holdings reached 1,098 tons, hitting a new high since April 2022
Added 274 tons since March 2024
📌 In a Nutshell
The market is pricing in two paths: ceasefire → oil falls, risk-off → gold buys. The next 72 hours are a critical window.
#黄金 # Crude Oil #中东局势 #GLD #FederalReserve