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Economics2h 4m ago

Gold prices surged over 2% on Monday after US and Iran officials announced an initial agreement to end their war, which also pushed oil prices lower and eased inflation concerns.

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Switzerland

Who
US and Iran officials, Pakistani Prime Minister Shehbaz Sharif, Tim Waterer, Kevin Warsh, OCBC
What
Gold prices surged over 2% on Monday after US and Iran officials announced an initial agreement to end their war, which also pushed oil prices lower and eased inflation concerns.
When
Mon, 15 Jun 2026 04:48:34 GMT · 2h 4m ago
Where
Switzerland ·
Why
US and Iran officials reached an initial agreement to end their war, halt the U.S. blockade of Iran, and reopen the Strait of Hormuz.
The Frontline Impact

How this affects you

The peace deal between the US and Iran has caused gold prices to rise significantly, eased inflation fears, and reduced expectations for a U.S. interest rate hike, reflecting a decrease in geopolitical risk and potential economic stability.

Story chain

36 events in this thread
  1. Economics37m ago
    The Indian rupee surged nearly 3% from its record lows, trading at 94.45 per dollar, as crude oil prices slumped 5% due to a US-Iran peace agreement.
    Open article
  2. Economics43m ago
    The United States and Iran have announced a preliminary agreement to end hostilities and reopen the Strait of Hormuz, easing the geopolitical risk premium that had built up in oil prices.
    Open article
  3. Economics1h 0m ago
    The US and Iran have finalized a deal to end their 107-day conflict and reopen the Strait of Hormuz, a development expected to boost India's exports to West Asia and stabilize the rupee.
    Open article
  4. Economics1h 40m ago
    The US and Iran have finalized a deal to end their 107-day conflict and reopen the Strait of Hormuz, with the agreement to be signed on June 19 in Switzerland.
    Open article
  5. Economics2h 4m ago
    Gold prices surged over 2% after the US and Iran reached a peace deal, easing inflation concerns and boosting investor confidence.
    Open article
  6. Currently Reading2h 4m ago
    Gold prices surged over 2% on Monday after US and Iran officials announced an initial agreement to end their war, which also pushed oil prices lower and eased inflation concerns.
  7. Economics2h 43m ago
    The US and Iran have reached an agreement to reopen the Strait of Hormuz toll-free and de-escalate hostilities, with a formal signing expected on June 19.
    Open article
  8. Economics2h 51m ago
    US President Trump announced a ceasefire agreement with Iran allowing "toll free" passage of ships through the Strait of Hormuz.
    Open article
  9. Economics2h 51m ago
    US President Trump announced a ceasefire agreement with Iran allowing "toll free" passage of ships through the Strait of Hormuz, easing oil supply concerns.
    Open article
  10. Economics3h 10m ago
    A ceasefire agreement between the United States and Iran and plans to reopen the Strait of Hormuz have eased external risks facing South Korea's economy, as international oil prices retreated after the announcement.
    Open article
  11. Economics3h 10m ago
    A ceasefire agreement between the United States and Iran and plans to reopen the Strait of Hormuz have eased external risks facing South Korea's economy, though oil prices could take time to stabilize.
    Open article
  12. Economics3h 10m ago
    A ceasefire agreement between the United States and Iran and plans to reopen the Strait of Hormuz have eased one of the biggest external risks facing South Korea's economy, but oil prices could take time to stabilise and return to pre-war levels.
    Open article
  13. Economics3h 10m ago
    A ceasefire agreement between the United States and Iran and plans to reopen the Strait of Hormuz have eased external risks facing South Korea's economy, as announced on Monday, June 15.
    Open article
  14. Economics3h 10m ago
    A ceasefire agreement between the United States and Iran and plans to reopen the Strait of Hormuz have eased one of the biggest external risks facing South Korea's economy.
    Open article
  15. Economics3h 32m ago
    Markets in Asia surged after the U.S. and Iran agreed on a tentative peace deal.
    Open article
  16. Economics4h 14m ago
    Australian share market rocketed to an eight-week high and oil prices plunged on news that the US and Iran have reached a peace deal.
    Open article
  17. Economics4h 14m ago
    The Australian share market has rocketed to an eight-week high and oil prices are plunging on news that the US and Iran have reached a peace deal.
    Open article
  18. Economics4h 35m ago
    US President Donald Trump said a deal to end the conflict with Iran was 'now complete', which would cease an economically damaging US naval blockade of Iranian ports and lead to Tehran reopening the Strait of Hormuz by Friday.
    Open article
  19. Economics4h 37m ago
    The United States and Iran have reached a peace deal to end their over three-month-long war, with President Donald Trump announcing on Truth Social that the agreement has been finalized.
    Open article
  20. Economics4h 37m ago
    The United States and Iran have reached a peace agreement to end their over three-month-long war, with the deal expected to be signed on June 19.
    Open article
  21. Economics4h 37m ago
    The over three-month-long war between the United States (US) and Iran is all set to end, with President Donald Trump announcing a finalised peace agreement and Iran confirming a signing date of June 19.
    Open article
  22. Economics4h 37m ago
    The over three-month-long war between the United States (US) and Iran is all set to end, with President Donald Trump announcing a finalised peace agreement.
    Open article
  23. Economics4h 41m ago
    The United States and Iran have reached an initial agreement to end the war and reopen the Strait of Hormuz, which could allow desperately needed oil and gas to reach the global market.
    Open article
  24. Economics4h 41m ago
    The United States and Iran reached an initial agreement early Monday to open the Strait of Hormuz and further extend a shaky ceasefire in the Iran war.
    Open article
  25. Economics5h 13m ago
    Gold rose 2% on Monday after U.S. and Iran officials said they had reached a preliminary deal to end their conflict.
    Open article
  26. Economics5h 16m ago
    Copper rallied and mining equities surged as traders weighed the prospect of a deal to end the Iran war.
    Open article
  27. Economics5h 47m ago
    The US and Iran have reached a deal to reopen the Strait of Hormuz, setting the stage for talks on Tehran’s nuclear program and halting a war.
    Open article
  28. Economics5h 47m ago
    The US and Iran have reached a deal to reopen the Strait of Hormuz, setting the stage for talks on Tehran’s nuclear program and halting a war that killed thousands of people and roiled the global economy.
    Open article
  29. Economics5h 47m ago
    The US and Iran announced a deal to reopen the Strait of Hormuz on Sunday.
    Open article
  30. Economics6h 1m ago
    Markets globally surged as a tentative US-Iran peace deal emerged, promising to ease inflation and reduce the need for interest rate hikes.
    Open article
  31. Economics6h 1m ago
    Markets globally surged and oil prices plummeted on Monday after a tentative US-Iran peace deal emerged, promising to ease inflation and reduce the need for interest rate hikes.
    Open article
  32. Economics8h 15m ago
    The United States and Iran have reached an agreement to end the war and open the Strait of Hormuz, which could bring relief to the global economy.
    Open article
  33. Economics8h 27m ago
    The United States and Iran have reached an agreement to end the war and open the Strait of Hormuz, which is expected to bring relief to the global economy.
    Open article
  34. Economics8h 48m ago
    The United States and Iran have reached an agreement to end the war and open the Strait of Hormuz.
    Open article
  35. Economics8h 48m ago
    The United States and Iran have reached an agreement to end the war and open the Strait of Hormuz, offering relief to the global economy.
    Open article
  36. Economics9h 24m ago
    Pakistan announced that the United States and Iran have reached an agreement to end the war and open the Strait of Hormuz.
    Open article

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