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Gold Climbs After Trump Agrees to a Two-Week Ceasefire in Iran
Gold advanced after US President Donald Trump and Iran agreed to a two-week ceasefire to finalize talks on ending the war that’s upended global markets. Bullion climbed as much as 3.1% to above $4,850 an ounce, extending a 1.2% gain in the previous session. Trump said in a social-media post that he had agreed to suspend bombing less than two hours before a self-imposed deadline to wipe out Iran’s “whole civilization,” adding that the reopening of the Strait of Hormuz was a key condition for the pause. Iran said safe passage through the strait was “possible” for two weeks. Oil plunged below $100 a barrel ... (full story)
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Based on conversations with Prime Minister Shehbaz Sharif and Field Marshal Asim Munir, of Pakistan, and wherein they requested that I hold off the destructive force being sent tonight to Iran, and subject to the Islamic Republic of Iran agreeing to the COMPLETE, IMMEDIATE, and SAFE OPENING of the Strait of Hormuz, I agree to suspend the bombing and attack of Iran for a period of two weeks. This will be a double sided CEASEFIRE! The reason for doing so is that we have already met and exceeded all Military objectives, and are very far along with a definitive Agreement concerning Longterm PEACE with Iran, and PEACE in the Middle East. We received a 10 point proposal from Iran, and believe it is a workable basis on which to negotiate. Almost all of the various points of past contention have been agreed to between the United States and Iran, but a two week period will allow the Agreement to be finalized and consummated. On behalf of the United States of America, as President, and also representing the Countries of the Middle East, it is an Honor to have this Longterm problem close to resolution. Thank you for your attention to this matter! President DONALD J. TRUMP *ISRAEL IS PART OF TRUMP'S CEASEFIRE: CNN
President Donald Trump on Tuesday said he agreed to suspend planned attacks on Iranian infrastructure for two weeks, backing off his shocking threats to imminently order the destruction of Iran’s “whole civilization.” The move, more than five weeks after the U.S. and Israel launched the war, was “subject to the Islamic Republic of Iran agreeing to the ...
From miningweekly.com | Apr 8, 2026
Iron-ore futures prices fell on Wednesday, as shipments of the key steelmaking ingredient from major suppliers surged and US President Donald Trump agreed to a two-week ceasefire with Iran. The most-traded iron-ore contract on China's Dalian Commodity Exchange (DCE) DCIOcv1 slid 1.12% to 791.5 yuan ($115.87) a metric ton, as of 02:12 GMT. It touched its ...
