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🚨 Oil is above $90. Gold is below $4,400. Same war, completely opposite reaction. What is the market seeing?
The latest US-Iran tensions have pushed Brent crude back above $90, with prices jumping nearly 3% after a tanker was reportedly blocked in the Strait of Hormuz.
But here’s the crazy part: while oil is ripping higher on geopolitical risk, gold is getting hammered below $4,400.
Why?
Because the market isn’t just pricing war anymore. It’s pricing inflation.
#DailyOrbit
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3#HormuzTermsInFocus