🚨 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 h
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