The Economic Times

Why are oil prices up, while gold, silver prices down today along with upcoming US stock market futures crash? US attack, Iran tensions, inflation fears and market reaction explained

Why are oil prices up, while gold, silver prices down today along with upcoming US stock market futures crash? Global markets moved in different directions after fresh U.S. strikes against Iran increased geopolitical tensions. Oil prices gained as supply concerns returned. Gold and silver prices fell as the U.S. dollar strengthened and expectations for Federal Reserve rate hikes increased. U.S. stock market futures also moved lower as investors assessed war risks, inflation data, and uncertainty surrounding interest rates and technology stocks.