Gold, silver, U.S. stocks and crypto fall as Brent crude jumps to $110
The post says gold fell 5% on the day and more than 20% this month, while Brent crude rose with less than 24 hours left on Trump’s ultimatum to Iran over the Strait of Hormuz.
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Terms & Concepts
Brent crude: A global oil price benchmark widely used to price international crude exports.
Strait of Hormuz: A strategic shipping chokepoint linking the Persian Gulf to global energy markets.
Crypto: Digital assets that use blockchain (shared digital ledger) networks for transfer and settlement.