The Canadian Index

All content, including the full-resolution download, is provided at no charge.

Homepage Archive Legal
Line chart comparing WTI crude oil and gold spot prices from June 16 to July 16, 2026, showing WTI up 16 percent.

Gold and WTI crude are reacting to the same Hormuz conflict headlines in opposite directions, a split behavioural economists call mental accounting, sorting one event into separate, inconsistent mental buckets. Oil is repricing on reports that Washington is weighing a strike on Kharg Island, Iran's main export terminal, a production-risk escalation distinct from earlier transit disruptions. Gold remains anchored instead to Fed Chair Kevin Warsh's hawkish rate signalling, which is crowding out the same geopolitical news moving oil.

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.

Download Hi-Res JPEG (No Watermark)

Related charts

Line chart tracking WTI crude oil and gold futures prices daily from June 24 to July 16, 2026.

WTI's climb from the low $70s in early July to above $80 this week tracks the Hormuz escalation timeline closely, culminating Thursday…

WTI Crude and Gold Diverge Through the Hormuz Escalation

July 16, 2026

View chart & download
Bar chart comparing seven benchmark assets showing a divergence across gold, oil, and financial markets on July 16, 2026.

Gold fell $52.70 and broke below $4,000 the same morning a live production-risk event hit Iran's main oil export terminal, the opposite of…

Gold Breaks Below $4,000 as Seven Assets Diverge in One Session

July 16, 2026

View chart & download
Line chart showing WTI crude oil falling for four sessions as diplomatic hopes with Iran rose.

WTI crude has fallen for four straight sessions, down to $94.01 from a September 10 peak of $102.48, after reports that President Trump is…

The Strait of Hormuz Priced In a War. This Week It Started Pricing an Exit.

September 21, 2026

View chart & download
Bar chart of six assets' percentage moves on August 31, 2026, showing WTI crude leading with a 3.54 percent gain while gold and the 10-year Treasury barely moved.

WTI crude jumped 3.54% Monday morning after the U.S.

The US and Iran Exchanged Strikes This Weekend. Only Oil Is Actually Pricing It

August 31, 2026

View chart & download
Weekly line chart of WTI crude oil prices from January to August 2026, up nearly 29 percent amid Hormuz tensions.

Oil prices climbed after the 60-day US-Iran ceasefire agreement over the Strait of Hormuz expired Monday without extension, followed by an…

WTI Rises as the Hormuz Ceasefire Deadline Passes

August 18, 2026

View chart & download
Indexed line chart comparing WTI crude oil and gold prices, both trading above their July 7, 2026 baseline.

A draft Iran-Oman agreement covering Strait of Hormuz shipping would bar US and Israeli linked vessels and impose fees of up to 7% of cargo…

Iran's Hormuz Shipping Deal Still Needs Sign-Off From a Leader in Hiding

August 7, 2026

View chart & download
Legal Archive Homepage

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.

Charts may be downloaded and shared freely for professional or educational use, including in client presentations, reports, and publications, with no attribution or permission request required. Charts may not be altered, edited, or cropped: each is a specific, time-stamped dataset, and an altered copy no longer accurately represents that record.

© 2026 The Canadian Index. A public reference library of Canadian financial market charts, updated daily from public market data. See the Legal and Usage Terms page for full disclaimers.