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What Is a Risk-Off Rally? How the US-Iran Strike Pause Moved Oil, Gold, and Stocks Together

What Is a Risk-Off Rally? How the US-Iran Strike Pause Moved Oil, Gold, and Stocks Together

July 28, 2026

When Washington and Tehran stepped back from further military action, crude fell, gold and bonds gained, and stocks rallied in unison — the mechanics of a relief trade, explained.