“The war has ended with the signing of a peace agreement between Iran and the U.S.
Oil and gold prices, which fluctuated constantly throughout the war, brought smiles to investors’ faces following the end of the war.
With the opening of the blockaded Strait of Hormuz, gold prices have risen, while oil prices continue to fall.
With the passage of thousands of ships that had been creating traffic in the Strait of Hormuz, Europe, Asia, and even the U.S. have regained access to oil; this access has driven prices down while causing gold prices to rise. Although the reason for the war remains unknown, the agreement reached has provided a lifeline to the global economy.