Gold prices surged Wednesday as President Trump announced a two-week pause in attacks on Iran, easing inflation fears. Spot gold climbed significantly, with futures also seeing gains. This diplomatic development, brokered by Pakistan, opens the door for negotiations. Key price levels for gold and silver are being closely watched by traders.
Dollar drops as Trump ceasefire prompts risk-on turn for markets
Global markets surged as US President Donald Trump announced a two-week ceasefire with Iran. The US dollar weakened significantly against major currencies like the euro,