Gold prices have risen for the third consecutive day, reaching approximately $4,740 per ounce (31.1 grams).
The increase comes as markets assess prospects for a diplomatic resolution involving Iran, even as ongoing tensions threaten to derail a ceasefire, Panorama.am reports, citing Bloomberg.
The White House has announced that the U.S. is preparing to hold direct negotiations with Iran, while Tehran has described Israel’s actions toward Lebanon as a violation of the ceasefire. Despite a reduction in attacks across parts of the Persian Gulf, shipping through the Strait of Hormuz remains restricted by Iran.
Iranian Parliament Speaker Mohammad Bagher Ghalibaf posted on X, warning of a tough response. He wrote:
“1 – Lebanon and the entire ‘axis of resistance,’ as allies of Iran, are an integral part of the ceasefire agreement (point 1 of 10 proposals).
2 – Pakistan’s Prime Minister Shehbaz Sharif has publicly emphasized the Lebanon issue; there can be neither denial nor retreat here.
3 – Violations of the ceasefire will lead to concrete consequences and a tough response. Cease fire immediately.”
He had earlier accused Israel of violating several terms of the ceasefire following strikes. Iran insists that Lebanon is included in the agreement, while the U.S. and Israel do not share that interpretation. Tehran has also warned it may withdraw from the agreement if attacks continue.
Global markets are now awaiting U.S.-Iran negotiations, with the first round expected on April 11 in Pakistan, aimed at securing a stable ceasefire and reopening the Strait of Hormuz. At the same time, U.S. President Donald Trump wrote on Truth Social that American forces would remain in and around Iran “until a real agreement is fully implemented.”
Earlier, Trump stated that if a peace deal with Iran collapses, military operations could expand further. He added that U.S. troops, aircraft, and naval forces would remain in the region until agreements with Tehran are fulfilled.
