Gold prices rose more than 1% and oil prices fell after the announcement of an interim deal between the United States and Iran. This was reported by Qazaqyia.kz citing Reuters.
The deal aims to reduce geopolitical tensions, which increased investor demand for safe-haven assets. The rise in gold prices is linked to this factor. Meanwhile, oil markets expect increased supply, leading to lower prices.
Market participants are awaiting full details of the deal. According to analysts, the deal could positively impact stability in the Middle East.