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Oil prices fell and gold rebounded, but the magnitude was moderate. However, considering that the geopolitical situation is still complicated, even if the straits are reopened, it will still take 18 months to recover. Refined oil products such as diesel are tense or continue to push up inflationary pressure, and the extent of the rebound in gold is clearly affected by crude oil market expectations.

Zhitongcaijing·08/05/2026 00:57:02
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Oil prices fell and gold rebounded, but the magnitude was moderate. However, considering that the geopolitical situation is still complicated, even if the straits are reopened, it will still take 18 months to recover. Refined oil products such as diesel are tense or continue to push up inflationary pressure, and the extent of the rebound in gold is clearly affected by crude oil market expectations.