Gold, Iran & Oil

by Ashraf Laidi

Feb 19, 2026 16:40

US Crude oil is up more than 6% on rising expectations of a US attack on Iran. Gold, however, is more muted, up 3%. Is there a reason? Yes, we know oil is more impacted by supply lines in Hormuz Strait. But gold is unable to show the same gains we saw last year on Iran tensions. Why? Will gold rally back to 5100? Can US crude hit $70?

Latest IMTs

• Brent and Crude Oil Technicals
  by Ashraf Laidi | Mar 13, 2026 16:37
• Dollar Takes over from Gold for now
  by Ashraf Laidi | Mar 11, 2026 8:57
• Is that it for Oil?
  by Ashraf Laidi | Mar 9, 2026 13:27
• Oil Metrics & Gold Risks
  by Ashraf Laidi | Mar 6, 2026 20:39
• Oil Inflection 77, 78
  by Ashraf Laidi | Mar 5, 2026 12:02