Daily Market Report
➢ Trump paused planned strikes on Iran after receiving a pledge that a Hormuz deal is close, with new talks set to begin Monday.
➢ Gold recovers above $4,050 as Trump’s pause on Iran strikes eases immediate conflict fears and triggers a technical rebound.
➢ Silver rises above $58.00 as renewed US-Iran peace talks boost precious metals sentiment.
➢ The USD weakens below 100.00 as Trump’s confirmation of renewed Iran talks reduces safe-haven demand, marking a key technical breakdown.
➢ Oil holds losses near $79.00 as Middle East peace talk hopes and OPEC+ output expansion weigh on prices simultaneously.
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