
Commodities
The Iran Deal Reshuffled Commodities: What's Next for Oil, Gold, and Copper
Iran peace deal cut oil $40/bbl. Here's what the ripple means for gold, silver, and copper heading into Q3 2026.
Jun 30, 20264 MIN READ
Daily coverage · David Morales
Gold, silver, oil, copper and agriculture: supply, demand and price levels.

Iran peace deal cut oil $40/bbl. Here's what the ripple means for gold, silver, and copper heading into Q3 2026.

Gold broke below $4,000 on June 24 as CME FedWatch priced a 70% chance of a September rate hike. Central bank demand at 244t/quarter held firm.