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Markets2h 24m ago

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

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Europe, Oval Office

Who
US President Donald Trump, Vice President JD Vance
What
Gold jumped the most in more than two months after US President Donald Trump said he canceled planned military strikes against Iran.
When
Fri, 12 Jun 2026 03:05:16 GMT · 2h 24m ago
Where
Europe, Oval Office ·
Why
US President Donald Trump said he canceled planned military strikes against Iran, fueling hopes for a diplomatic way out of the war.
The Frontline Impact

How this affects you

Gold, a precious metal, saw a significant rise, while Treasury yields and the dollar pushed lower, reflecting market reactions to potential de-escalation in the US-Iran conflict. The ongoing conflict has disrupted energy flows, caused oil prices to rise, and contributed to inflation pressures in the US.

Story chain

18 events in this thread
  1. Markets20m ago
    China and Hong Kong stocks experienced a rebound on Friday, with the Shanghai Composite potentially achieving its first weekly gain in a month.
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  2. Markets20m ago
    China and Hong Kong stocks experienced a rebound on Friday, marking a potential weekly gain for the Shanghai Composite.
    Open article
  3. Markets38m ago
    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.
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  4. Markets1h 14m ago
    Indian shares advanced on Friday as oil prices fell after U.S. President Donald Trump cancelled plans to strike Iran, citing progress in talks.
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  5. Markets1h 20m ago
    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.
    Open article
  6. Markets1h 24m ago
    Indian equity markets rose in the morning session on Friday, with Sensex surging 1.35 percent and Nifty rising 1.26 percent.
    Open article
  7. Markets2h 24m ago
    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.
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  8. Currently Reading2h 24m ago
    Gold jumped the most in more than two months after US President Donald Trump said he canceled planned military strikes against Iran.
  9. Markets3h 4m ago
    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.
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  10. Markets3h 4m ago
    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.
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  11. Markets3h 4m ago
    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.
    Open article
  12. Markets3h 21m ago
    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.
    Open article
  13. Markets3h 21m ago
    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.
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  14. Markets3h 57m ago
    South Korea's Kospi advanced 7.01% at open, while the small-cap Kosdaq added 3.25% on June 12.
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  15. Markets4h 28m ago
    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.
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  16. Markets4h 50m ago
    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.
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  17. Markets5h 33m ago
    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.
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  18. Markets7h 19m ago
    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.
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