Gold Rebounds Above $4,050 as Trump Pauses Iran Strikes

Gold prices rebounded above $4,050 per ounce on [date] after President Donald Trump announced a pause on planned strikes against Iran, easing immediate geopolitical tensions that had driven safe-haven demand to record highs.

The precious metal surged to an all-time high of $4,150 earlier in the week as investors sought refuge from the threat of a broader Middle East conflict. However, the latest diplomatic shift triggered profit-taking and a pullback before buyers stepped in at lower levels.

Analysts note that the underlying drivers of gold's rally remain intact: persistent central bank buying, elevated geopolitical uncertainty, and expectations that the Federal Reserve will begin cutting interest rates later this year.

The pause on military action reduces the immediate risk of a supply disruption in the Strait of Hormuz, a critical chokepoint for global oil shipments. This development weighed on crude prices and diminished gold's appeal as an inflation hedge.