U.S. President Donald Trump has unexpectedly extended the negotiation deadline with Iran by five days, leading to a rebound in gold prices from their recent lows. According to Jin10, this development comes amid ongoing tensions in the Strait of Hormuz, a critical chokepoint for global oil shipments. Analysts suggest that the extension may provide a temporary relief in the geopolitical landscape, but the situation remains volatile. Investors are advised to closely monitor the developments in the region, as they could significantly impact market dynamics.