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Spot Gold Surges $20 to $4,039.58, Oil Prices Decline Over 1% on July 20 Amid De-escalation Talks

Metals Commodities Macroeconomics

2026-07-20 11:37:46

CL-1.47%

According to Bitget data, spot gold surged $20 on July 20, reaching $4,039.58 per ounce. WTI crude oil fell below $81 per barrel with a daily decline of 1.69%, while Brent crude dropped 1.00% to $85.33 per barrel.

Iranian officials proposed a 10-day pause in strikes to seek restoration of the interim agreement between Iran and the United States, according to a senior Iranian source.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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