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Dual axis chart comparing WTI crude oil and gold prices moving in opposite directions the same week.

Iran rejected Oman's proposal for joint oversight of the Strait of Hormuz on July 29, leaving the dispute unresolved even as vessel traffic through the waterway improved operationally. Oil and gold moved in opposite directions on that same news this week, with crude sliding as risk premiums eased and gold climbing as investors sought a safe haven. The split illustrates the availability heuristic described by Daniel Kahneman and Amos Tversky, where one unresolved headline gets read as reassuring or alarming depending on which market someone is watching.

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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