Trump announces victory, gold prices plummet in the short term

ZkProver · 2026-04-02T01:16:47+00:00

U.S. President Trump stated that most Iranian leaders have passed away, Iran's military strength has been destroyed, and the U.S. military has achieved a decisive victory. He also said that the United States no longer relies on Middle Eastern oil. During Trump's speech, spot gold prices dropped nearly $60 in the short term.

ZkProver

2026-04-02 01:16:47

Abstract generation in progress

ChainCatcher news: American President Trump has begun speaking on the Iran issue: “Most of Iran’s leadership has already died. Iran’s navy no longer exists, and its air force has also been reduced to rubble. The U.S. military has achieved a rapid and decisive victory. Iran’s air force has been turned into rubble, and the command-and-control capabilities of the Islamic Revolutionary Guard Corps are being destroyed. We don’t need oil from the Middle East. Partly thanks to Venezuela’s oil and natural gas, the U.S. no longer depends on the Middle East at all.”

According to Gate market data, during Trump’s remarks, spot gold plunged in the short term by nearly $60; it is currently quoted at $4,749.09 per ounce.

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