Zhongjin Wealth Futures: Trump announced the cancellation of the plan to strike Iran, and gold rebounded significantly.

date
12/06/2026
Trump announced that the plan to strike Iran will be cancelled, and the signing could be completed in Europe as soon as this weekend. This statement quickly boosted global risk appetite, while pushing down oil prices and bond yields, leading to a sharp rise in gold prices. However, it is important to note that Trump's "fierce strike" and "agreement nearly completed" were almost said at the same time, showing the confusion in his words. Gold is still in a complex environment, so it is advised to adopt a wait-and-see approach.