Trump announces victory, gold plummets in the short term

By: rootdata|2026/04/02 01:49:02

U.S. President Trump began speaking on the issue of Iran: "Most of Iran's leaders are dead, the Iranian navy no longer exists, and the air force has been reduced to ruins; the U.S. military has achieved a swift and decisive victory; the Iranian air force is in ruins, and the command and control capabilities of the Islamic Revolutionary Guard Corps are being destroyed; we do not need oil from the Middle East; partly thanks to Venezuelan oil and gas, the U.S. is now completely no longer dependent on the Middle East."

According to Gate market data, during Trump's speech, spot gold briefly plummeted nearly $60, currently reported at $4749.09 per ounce.

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