Gold and silver rose in early trading amid optimism over a potential US-Iran agreement to end the conflict. Precious metals continued to draw support from investor demand and central bank buying. Konstantinos Chrysikos said the broader backdrop for b

1. Reiterates He Will Not Agree to Any Deal Unless Iran's Nuclear Program Is Dismantled —According to Israeli media Kann, Trump reiterated to Netanyahu that he would not agree to any final agreement unless Iran's nuclear program was completely dismantled and all enriched uranium was removed from the country. In the call with Trump, Israeli Prime Minister Netanyahu emphasized Israel's right to take action against threats in the region (including Lebanon), a position Trump supported. 2. Claims US-Iran Deal is Basically Completed—US President Trump posted on social media that the US and Iran have basically reached an agreement, stating that he will only sign an agreement that allows the US to get everything it wants from Iran. 3. Speaks with Leaders of Saudi Arabia and Other Countries—Trump stated on social media that he had a "very good call" in the Oval Office with leaders of Saudi Arabia, the UAE, Qatar, Pakistan, Turkey, Egypt, Jordan, Bahrain, and other countries regarding Iran and a peace memorandum of understanding. Trump stated that the agreement has been basically negotiated and awaits finalization by the US, Iran, and other relevant countries. Trump specifically pointed out that, in addition to several aspects of the agreement, the Strait of Hormuz will be opened. 4. —Trump posted on social media, thanking the Secret Service and law enforcement for their swift and professional action against a gunman near the White House this evening. This incident, just a month after the shooting at the White House Correspondents' Club dinner, underscores how crucial it is to build the safest and most secure space in Washington, D.C.'s history for all future presidents. 5. 50/50 on a deal versus bombing Iran —According to Axios, US President Trump said on Saturday that he would meet with negotiators later that day to discuss Iran's latest proposals and would likely decide on Sunday whether to resume war. Trump stated that he was "solidly 50/50" about either reaching a "good" deal or "blowing Iran upside down."

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