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Gold Loses Safe-Haven Appeal as Iran Skips Talks, Ceasefire Extended
Gold prices fell sharply after the latest ceasefire extension reduced demand for safe-haven assets, despite Iran failing to attend peace talks. While initial risk-off flows lifted oil and the US dollar, the muted follow-through suggests markets are increasingly confident that geopolitical risks have peaked, keeping risk appetite broadly supported. A mild bout of risk-off was triggered on Tuesday following reports that Vice President Vance’s trip to Pakistan for US-Iran peace talks had been postponed. Pakistan was left hanging, awaiting formal confirmation from Iran of their attendance—confirmation that never ... (full story)
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From @realDonaldTrump|Apr 21, 2026|20 comments
Iran doesn’t want the Strait of Hormuz closed, they want it open so they can make $500 Million Dollars a day (which is, therefore, what they are losing if it is closed!). They only say they want it closed because I have it totally BLOCKADED (CLOSED!), so they merely want to “save face.” People approached me four days ago, saying, “Sir, Iran wants to open up the Strait, immediately.” But if we do that, there can never be a Deal with Iran, unless we blow up the rest of their Country, their leaders included! President DONALD J. TRUMP
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- Apr 21, 2026 5:45pm Posted byTechnical Analysis13,387
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