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Bar chart comparing session close changes across gold, major stock indexes, the Canadian dollar, and WTI crude on August 5, 2026.

Every major North American index closed higher Wednesday alongside gold's own 3.52 percent gain, the session's largest move of any asset tracked, an unusual pairing for a rally built on de-escalation optimism. Crude oil, the asset most directly tied to the Strait of Hormuz story, barely moved, closing down 61 cents. Roughly half of this cycle's Hormuz de-escalation headlines have reversed within a week, giving investors a rational reason to hold gold exposure even through a record-setting equity session.

This chart is presented for general informational purposes only and does not constitute financial, investment, tax, or legal advice. Figures reflect the source and period indicated and may no longer be current.

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Charts and data on this site are provided for general informational and educational purposes only and do not constitute financial, investment, tax, or legal advice. Each chart reflects the source and period indicated on it and may not represent current market conditions.

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