Gold fell and oil rose amid fears of escalation with Iran Gold prices fell 2% and reached $3,944 per ounce, marking the lowest level since November 2025, while Brent crude oil rose above $117 per barrel amid fears of renewed attacks on Iran. In the stock markets, the losses of the technology companies deepened, with the Nasdaq index falling by 2.6%, in light of the increasing pressures on the global markets.