The Gold Lens · Topic
Iran
3 analyses on how Iran is shaping the gold market.
The Pipeline Around Hormuz Closed. Gold Fell Again.
Drones launched from Iraq shut the Saudi pipeline that carried crude around a near-closed Strait of Hormuz. Brent neared $110, US inflation ran hotter, and for the second time this summer gold fell into a Gulf crisis instead of rising with it — for the same reason as in July.
15 September 2026 · 7 min read
A War Broke Out in the Gulf. Gold Fell.
The US and Iran are trading strikes across the Strait of Hormuz, oil has jumped ~10% in a week, and gold — the world's oldest crisis asset — just posted its worst week in three months. The paradox has a mechanism, and it runs through the Fed.
17 July 2026 · 7 min read
The US–Iran Peace Deal and the Unwinding of Gold's War Premium
A June ceasefire reopened the Strait of Hormuz and sent gold tumbling from its highs. But the market is reading peace less as a geopolitical event than as a disinflation catalyst — and that distinction matters.
16 June 2026 · 6 min readBrowse Other Topics