Gold & Kazem Gharibabadi

Gold: Spot Gold was down, indicating a slight decrease in its safe-haven appeal or profit-taking amidst mixed market signals.

Kazem Gharibabadi: As Iran>>>'s Deputy Foreign Minister, Kazem Gharibabadi>>> commented on Donald Trump>>>'s statements, highlighting Iran>>>'s perspective on the diplomatic exchanges.

Gold: Gold fell 1.5% to ~$4,060 as rising bond yields and a stronger dollar weighed on the non-yielding asset.

Kazem Gharibabadi: Iran's deputy foreign minister stated the US blockade dismantled the Islamabad peace deal.

Gold: Gold slipped, drawing scant support as a safe haven or as a hedge against inflation risks, despite the ongoing geopolitical tensions.

Kazem Gharibabadi: Kazem Gharibabadi, Iran's Deputy Foreign Minister, has communicated Iran's demands for a peace proposal, including the lifting of sanctions and release of frozen funds.

Gold: Gold edged down to $3,997, failing to rally as a safe haven amid dollar strength.

Kazem Gharibabadi: Gharibabadi accused the US of preventing Iran's sovereignty over the strait.

Gold: Gold>>> has drawn little support as a safe haven or hedge against inflation risks, despite the geopolitical tensions.

Kazem Gharibabadi: Kazem Gharibabadi, Iran's deputy foreign minister, restated Tehran's claims to sovereignty over the Strait of Hormuz, citing international law and justifying potential 'practical and proportionate measures' to protect security.