Gold and Oil Prices Grow

Oil and gold prices have seen significant increases due to rising tensions between the US and Iran.

Brant's oil price rose to $772 per barrel, reaching its highest level in the past seven months.

This increase reflects markets' concerns about the possibility of escalating conflicts and supply cuts on one of the world's most important oil trade routes, Hormuz Bay, through which a large portion of global oil exports pass.

Meanwhile, the gold price exceeded $5,200 per ounce, reaching new historical records. Investors seem to be seeking to protect their capital by investing in safe assets, such as gold, due to the uncertainty of increasing geopolitical tensions.

In this situation, the U.S. has imposed a 25 per cent fee on countries doing business with Tehran, and has also expanded import tax ranges for various products, Telegrafi reports, the Periscope broadcast.

) Oil and gold surge amid shopping USIran tension

Brent paid to $71]72 for the barrel a seven-month high. Places reflect the risk of essence and potential corruptions in the Strait of Hormuz.

Gold surpped $5,200 per ousser, hitting brakes as much as investors move into... Pic.twitter. com/ FIU2Skpp0cE

) NEXTA (@nexta tv) Febbery 24, 2026

These measures add to the market a <x0mium” geopolitical risk, making the situation more unpredictable for global markets and directly affecting prices of precious energy and metals.

In general, rising oil and gold prices reflect market concerns related to political stability and possible economic impacts of the US conflict, increasing pressure on investors and global economies. /Periscope