Key Takeaways:<\/strong><\/p>\n\n\n\n Gold prices pushed higher on Friday, with the metal drawing support from a shift in geopolitical dynamics after Iran signaled that commercial shipping through the Strait of Hormuz would remain uninterrupted during the current ceasefire between Israel and Lebanon.<\/p>\n\n\n\n In early U.S. trading, spot gold rose by around 1.1% to hover near $4843 per ounce, while futures advanced by a similar margin to trade close to $4865, reflecting renewed buying interest as immediate risk factors in energy markets began to ease.<\/p>\n\n\n\n The move in bullion came alongside a broader repricing across global markets. Oil extended losses as concerns over supply disruptions through Hormuz diminished, while a softer U.S. dollar added further upside pressure to gold by improving its affordability for international buyers.<\/p>\n\n\n\n At the center of the shift was Iran\u2019s confirmation that vessel traffic through the strait would continue during the ceasefire period. Given that roughly one-fifth of global oil and gas flows pass through this corridor, even a temporary assurance of access has meaningful implications for market stability.<\/p>\n\n\n\n The announcement builds on a 10-day ceasefire unveiled by U.S. President Donald Trump between Israel and Lebanon, following a period of heightened tensions that had complicated diplomatic engagement involving Iran. Israeli operations targeting Hezbollah positions had remained a key sticking point in those discussions.<\/p>\n\n\n\n Iranian Foreign Minister Abbas Araghchi stated that all commercial ships would be allowed to transit the waterway for the duration of the truce, signaling an effort to contain escalation and ease pressure on global energy supply chains.<\/p>\n\n\n\n The response in oil markets was immediate, with Brent crude falling by more than 8% as traders unwound part of the geopolitical risk premium that had accumulated since the conflict escalated in late February.<\/p>\n\n\n\n Attention is now turning to potential diplomatic progress between Washington and Tehran. Trump indicated that negotiations could resume in the coming days, noting that both sides are nearing an understanding. He suggested Iran may be willing to commit to long-term restrictions on its nuclear program, while Tehran continues to press for sanctions relief.<\/p>\n\n\n\n He also left open the possibility of extending the ceasefire if talks advance, a factor that could further influence market sentiment in the near term.<\/p>\n\n\n\n Despite the latest decline, oil prices remain above pre-conflict levels, and the earlier surge in crude has already fed into elevated global inflation expectations. This dynamic had previously pressured gold, as markets priced in the risk of tighter monetary policy.<\/p>\n\n\n\n At the same time, the U.S. dollar had strengthened during the initial phase of the conflict, supported by expectations that American energy exports would cushion the domestic economy from supply shocks. However, the recent pullback in the dollar has helped reverse part of that pressure on gold.<\/p>\n\n\n\n Looking ahead, analysts caution that markets may begin to show reduced sensitivity to recurring geopolitical headlines unless they translate into tangible developments. In the absence of a clear, sustained driver, price action across major asset classes is increasingly characterized by consolidation rather than strong directional moves.<\/p>\n","protected":false},"excerpt":{"rendered":" Key Takeaways: Gold extends gains on easing tensions: Spot gold rose about 1.1% to trade near $4843 as improved geopolitical conditions lifted demand for safe-haven assets. Hormuz reopening calms energy markets: Iran confirmed uninterrupted commercial shipping through the Strait of Hormuz during the ceasefire, easing fears of supply disruptions. Oil prices tumble sharply: Brent crude …<\/p>\n","protected":false},"author":9,"featured_media":94364,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[38,36],"tags":[],"class_list":["post-125920","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-commodities-news","category-market-updates"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/125920","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=125920"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/125920\/revisions"}],"predecessor-version":[{"id":125921,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/125920\/revisions\/125921"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/94364"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=125920"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=125920"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=125920"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}\n