U.S. President Donald Trump Delays Military Action, Gold Prices Surge $100

U.S. President Donald Trump announced a five-day delay in military action, leading to a significant $100 surge in gold prices from their recent lows. According to Jin10, the geopolitical tension surrounding the Strait of Hormuz has become a focal point of uncertainty. Understanding the dynamics of this strategic waterway is crucial to comprehending the recent V-shaped recovery in gold prices.