Gold rises $115 after US-Iran pact

Gold prices saw a significant jump at the opening of today's session on Monday, June 15, 2026, rising by $115 to reach $4,334 per ounce, despite the positive trend in markets toward risky assets. This increase comes after the United States and Iran announced the conclusion of a peace agreement that halts military conflict and lifts the American blockade on Iranian ports, along with the activation of an agreement to facilitate international navigation through the Strait of Hormuz. The deal is expected to be officially signed in Switzerland next Friday and will result in the permanent reopening of the strait to shipping, easing disruptions that have impacted global oil shipments.

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