WTI and Brent climbed above $102, with Brent later reported at $108.68, while gold fell as markets reacted to remarks that near-weapons-grade uranium must remain inside Iran.
Oil prices moved sharply higher while gold declined amid market reaction to remarks that near-weapons-grade uranium must remain inside Iran. Earlier pricing showed U.S. crude at $102.56 per barrel and Brent at $102.42, both up about $2, while a later market update reported WTI crude futures up 4% to $102.182 and Brent crude futures up 3.49% to $108.680. Gold moved lower across both reports, with spot gold first cited at $4,516.52 per ounce after falling more than $20, and later at $4,490, down 1.21%, while New York gold futures fell 1.00% to $4,489.60. The combined updates show rising energy prices and weakening precious metals prices, with some price discrepancies reflecting different market snapshots.