Ceasefire between Iran and Israel leads to rebound in oil prices, gold prices fall

From Investing.com: 2025-06-25 04:14:00

Oil prices are rebounding after a two-day drop due to easing tensions in the Middle East, rising above $65 a barrel for WTI crude. Trump’s ceasefire declaration between Iran and Israel has calmed markets. OPEC+ will discuss supply boosts in August. Meanwhile, copper prices are surging on the LME due to tight supply, hitting a premium of $379/t for immediate delivery. Gold prices fell over 1% as geopolitical tensions eased and economic sentiment improved. Fed Chair Powell’s cautious approach on inflation and tariffs is also affecting gold prices.



Read more at Investing.com: Ceasefire Cools Risk Premium in Oil and Gold, but Supply Risks Remain