Why does a temporary ceasefire create a cleaner response in oil than in gold?

A temporary U.S.-Iran ceasefire seems to reduce immediate supply fears, so oil reacts lower quite directly. But gold often responds less cleanly and can remain elevated even after the same de-escalation headline. Is the best explanation that oil is tied more directly to short-run supply expectations, while gold reflects a broader mix of hedging demand, residual geopolitical uncertainty, and monetary expectations? I’m asking about the economic mechanism, not for trading advice.