Gold, Silver Prices Gain on Ceasefire News, Oil Slips Below US$100

Gold and silver were bid on geopolitical safe-haven demand after President Trump announced a two-week ceasefire with Iran, while oil slipped below US$100/bbl. The setup is broadly supportive for precious metals near term, with the move framed as risk-off positioning rather than a metal-specific supply shock. The video teaser says Dr. Marc Faber comments on the move and asks whether gold and silver will rise or fall next week, but the available source text does not include his detailed views, price levels, or any updated positioning data. The main read-through is that easing immediate Middle East escalation pressure is helping energy soften, but gold and silver are still catching a bid as traders hedge policy/geopolitical uncertainty. For the desk, the key question is whether this is a one-day geopolitical premium unwind in crude or a broader rotation back into bullion. Without the full transcript, there is no concrete technical level to anchor, so the near-term catalyst remains follow-through on Iran-related headlines, oil’s ability to hold below US$100, and any spillover into broader risk sentiment.