Trump signaled, shaking off the dead weight on gold.

Trump signaled, shaking off the dead weight on gold.

23.03.2026 15:10

After U.S. President Donald Trump's statement, "We had productive talks with Iran, I ordered a 5-day halt to attacks on energy facilities," gold, which had been on a downward trend, shook off its lethargy and entered a rising trend again.

U.S. President Donald Trump announced that they are holding talks with Iran and that attacks on the country's energy infrastructure have been postponed for 5 days.

In his statement, Trump said, "I would like to inform you that the United States and Iran have had very good and constructive discussions in the last 2 days to fully and comprehensively resolve our hostilities in the Middle East. In line with the content and style of these deep, detailed, and constructive discussions – which will continue throughout the week – I have instructed the Department of Defense to postpone any military attacks on Iran's power plants and energy infrastructure for 5 days, provided that the ongoing meetings and discussions are successful."

GOLD HAS BECOME DOPING

Following Trump's statement, which is expected to reduce tensions in the ongoing war, gold, which had been on a downward trend for days, began to rise again. Before the announcement, the gram gold was trading at around 6,070, and it rose to levels of 6,320.

SHARP DROP IN BRENT OIL

The postponement of attacks on Iran for 5 days also turned the momentum of oil prices downward. The price of Brent crude oil fell by more than 14%, dropping back below $100.

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