Global gold prices experienced a significant increase, reaching $4,300 this morning, following a peace agreement between the United States and Iran. This surge in gold is directly linked to the perceived reduction in geopolitical risk. Conversely, crude oil prices fell by over 4% as the agreement eased concerns about potential supply disruptions in the Middle East. The US-Iran deal signals a potential easing of tensions in the region, impacting commodity markets. Analysts suggest investors are shifting funds from oil to gold, contributing to the price movements. The agreement’s details remain under scrutiny, but its immediate effect on financial markets is clear. This shift reflects a broader market response to the changing geopolitical landscape.