Gold prices rose in early Asian trading as Trump paused the "Freedom Project" to see whether an agreement with Iran could ultimately be reached.

老虎证券2026/05/05 23:57

Show original

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!

A welcome pack worth 6200 USDT for new users! Sign up now!

Spot gold rose by 0.6%, quoted at $4,584.89 per ounce. U.S. President Trump posted on Truth Social that he has agreed to suspend the “Freedom Project,” an initiative by the current administration aimed at facilitating merchant shipping through the Strait of Hormuz. Trump said, “Great progress has been made towards reaching a comprehensive final agreement with representatives from Iran.” FOREX.com market analyst Fawad Razaqzada stated in an email that gold is increasingly being regarded as a risk-sensitive asset.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.

Trade now！

Gold prices rose in early Asian trading as Trump paused the "Freedom Project" to see whether an agreement with Iran could ultimately be reached.

You may also like

Crypto prices