PRECIOUS METALS | Gold Prices Surge as Trump Pauses Iran Energy Facility Destruction Deadline

U.S. President Donald Trump announced on social media that, at the request of the Iranian government, the deadline for the destruction of Iran's energy facilities has been postponed by 10 days, now set for April 6, 2026, at 8 PM Eastern Time. According to Jin10, negotiations are ongoing, and despite contrary reports from some media outlets, Trump stated that the talks are progressing smoothly. Following this announcement, spot gold prices surged by over $60 in a short period, while WTI crude oil prices dropped nearly $5. Additionally, U.S. stock index futures experienced a rapid increase.