Gold Investors React Positively to President Trump's Update on U.S.-Iran Situation

Following a slump in gold prices due to the U.S.-Iran conflict, President Donald Trump's statement that negotiations are in 'the final stages' triggered an immediate rally. Gold rose by up to 1.6% as investors anticipated reduced geopolitical tensions and favorable macroeconomic conditions.

By Tobi Opeyemi Amure Sat, May 23, 2026 at 6:07 AM GMT+3 6 min read · Yahoo Finance · May 23, 2026, 03:07 UTC

Tickers: $BAC

Topics: commodities gold presidential_statement U.S.-Iran conflict

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