Gold Surged Past $4,130 While WTI and Brent Crude Oil Declined Following Trump's Remarks
2026-06-12 01:34

Data compiled by Woofun AI shows spot gold surged $30 in the short term, breaking through the $4,130 per ounce threshold with a daily increase of 1.4%. This rally was catalyzed by earlier disclosures that Trump stated he had canceled planned strikes and bombings targeting Iran for the night.

Concurrently, energy markets reacted negatively to the geopolitical shift. WTI crude oil fell $1 in the short term, while Brent crude oil's intraday decline widened to $4, settling at $89.74 per barrel, representing a drop of 4.27%.

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