Asian stocks extended a global rally on Friday as hopes grew for a potential Middle East peace deal, causing the dollar and bond yields to dip, while oil prices hit two-month lows, easing inflation concerns.

Iranian Parliament Speaker Mohammad Bagher Ghalibaf warned that “wrong strategies and impulsive decisions” could trigger a broader crisis that would devastate energy infrastructure and roil global markets, as Iran disputed President Donald Trump’s claims of a peace agreement.

Gold and silver prices rose on Friday, supported by hopes of progress in peace negotiations related to the ongoing West Asia conflict.

Gold and silver prices rose on Friday, with gold futures for August delivery touching an intraday high of Rs 1,50,600 per 10 grams on the Multi Commodity Exchange (MCX).

Gold and silver prices rose on Friday, supported by hopes of progress in peace negotiations related to the ongoing West Asia conflict.

Asian stocks extended a global rally on Friday as hopes grew for a potential Middle East peace deal.

South Korean stocks recorded a strong jump on Friday, with the benchmark KOSPI surging more than 8 percent, as investors cheered signs of easing geopolitical tensions in the West Asia.

Bitcoin traded at $63,550 on Friday, up 1.6% on the day, with President Donald Trump stating the US was close to a deal with Iran and he had "ended the war with Iran today."

China and Hong Kong stocks experienced a rebound on Friday, with the Shanghai Composite potentially achieving its first weekly gain in a month.

China and Hong Kong stocks experienced a rebound on Friday, marking a potential weekly gain for the Shanghai Composite.

The Nifty Auto index rallied 2%, with several auto stocks like Ashok Leyland and Bosch surging up to 4% in Friday's intra-day trade, after crude oil prices slipped below $90 a barrel.

Indian shares advanced on Friday as oil prices fell after U.S. President Donald Trump cancelled plans to strike Iran, citing progress in talks.

The BSE Sensex jumped 981 points, or 1.33%, to 74,814 in early trade, while the NSE Nifty 50 gained 272 points, or 1.17%, to trade at 23,434.

Indian equity markets rose in the morning session on Friday, with Sensex surging 1.35 percent and Nifty rising 1.26 percent.

South Korean stocks jumped as risk appetite improved after President Donald Trump said the US was nearing an agreement with Iran to end the war.

Gold jumped the most in more than two months after US President Donald Trump said he canceled planned military strikes against Iran.

Stock markets across Asia surged following President Donald Trump's announcement that planned strikes on Iran were canceled, with Brent crude futures falling below $90 a barrel.

Stock markets across Asia surged, with Korea's Kospi soaring nearly 8 per cent, on optimism over the US decision to not go ahead with planned strikes on Iran.

Stock markets across Asia surged, with Korea's Kospi soaring nearly 8 per cent, following optimism over the US decision to not go ahead with planned strikes on Iran.

Indian markets are predicted to open positively today, June 12, 2026, following a strong global equities rally driven by optimism for a US-Iran peace deal.

Indian benchmark indices Sensex and Nifty 50 are likely to open on a positive note on Friday, tracking strong gains across global markets after optimism grew over a possible peace agreement between the United States and Iran.

South Korea's Kospi advanced 7.01% at open, while the small-cap Kosdaq added 3.25% on June 12.

U.S. President Donald Trump announced that the U.S. had reached a "great settlement" to end the war with Iran, which drove oil prices lower and U.S. markets to rally.

Asian stocks rallied on Friday due to hopes of a Middle East peace deal and anticipation of Elon Musk's SpaceX IPO, which raised a record $75 billion, while oil prices fell to two-month lows tempering inflation fears.

US stocks rallied, adding $1.2 trillion in market value, after President Donald Trump signaled a possible Iran deal and reports emerged of cancelled airstrikes.

US stocks rallied and oil prices tumbled on Thursday after US President Trump announced the cancellation of planned strikes on Iran and touted a deal with the country.