Iran Market Pulse: Thursday Midday, August 6, 2026; Global Gold Hits Seven-Week High, Tops $4,250

Global gold passed four thousand two hundred fifty dollars today, hitting its highest level in seven weeks Spot gold reached four thousand two hundred sixty two dollars an ounce, up nearly six percent since Monday Hopes for an Iran U.S. deal to reopen the Strait of Hor-mooz pushed oil lower and eased inflation pressure Brent traded near eighty dollars, the dollar index near a seven week low, and silver near sixty two dollars Sent-com claims it rerouted forty eight commercial ships in the Strait of Hor-mooz as of Wednesday The free market dollar fell below one hundred eighty eight thousand toe-mahns as TED-pix hit a record Wednesday Global gold hit a seven week record, but Iran's domestic gold and coin traded below their intrinsic value today Eighteen karat gold traded near eighteen million toe-mahns, and the eh-maa-MEE coin near one hundred eighty four million If a Hor-mooz deal is finalized, gold and oil could pull back; if talks stall, the risk premium could return Four things to watch this week: Araghchi's trip, a possible Hor-mooz deal, Saturday's reopening, and the Fed meeting Lee-doh Dow's token dropped sixteen percent after a proposal to cut Ethereum staking rewards Today's verdict is clear: gold and Hor-mooz hope won, not the dollar So the answer to today's question is clear, gold won today, what about you, gold or dollars?