Gold prices are rising, and reports on negotiations concerning the Iran war bring a sigh of relief.

The increase in gold prices has expanded, as reports suggest that the United States is seeking a ceasefire to advance diplomatic negotiations and put an end to the nine consecutive declines in gold prices. Gold prices briefly rose by 2.2%, returning above $4,570 per ounce, continuing the 1.6% increase from the previous trading day. President Donald Trump of the United States stated that Iran has presented a "gift" showing willingness to negotiate, pointing out that this is related to energy transportation in the Hormuz Strait. According to Axios, Washington is discussing with regional mediators the possibility of holding high-level peace talks as early as Thursday, but is still awaiting a response from Tehran.