Why Gold Is Surging While Oil Craters

On this episode of Geopolitics and Markets with Fexingo, Lucas and Luna unpack the staggering divergence between gold and oil prices in June 2026. With crude down over 14% in five days and gold up 6.6%, they explore the geopolitical and macro forces driving the decoupling: the Iran nuclear deal's impact on supply expectations, central bank reserve diversification away from the dollar, and what the gold-mining ETF's 18% weekly surge tells us about investor positioning. Lucas explains why petrostates like Saudi Arabia are now net sellers of oil but net buyers of bullion, and how the trade-weighted dollar's slight weakening has accelerated the move. The hosts also touch on what this means for emerging markets caught between cheaper energy and a stronger dollar. A focused, data-rich conversation for anyone trying to read the signal through the noise. #GoldSurge #OilCrash #GeopoliticsAndMarkets #IranDeal #CentralBankReserves #Petrostates #GoldBug #CrudeOil #DollarWeakening #GoldMiners #GDX #CommodityDivergence #MacroStrategy #Economics #FexingoBusiness #BusinessPodcast #LucasAndLuna #June2026 Keep every episode free: buymeacoffee.com/fexingo