The US blockade order on Iranian ports took effect, Trump stated that Iran called the US expressing a desire to reach an agreement, and threatened to destroy Iranian fast attack vessels.

Trump stated that fast Iranian attack boats approaching the blockade zone will be immediately neutralized, akin to how drug-running vessels are handled; Iran will not be permitted to possess nuclear weapons, and without their agreement, there will never be a deal. Once the Iran issue is resolved, action against Cuba might follow. Iran warned that if the U.S. blockades the Strait of Hormuz, it would lose access to the Bab-el-Mandeb Strait; any attempt by the U.S. to militarily intervene in the Strait of Hormuz will fail; should the conflict persist, new combat methods will be deployed. Reports indicate that U.S. officials confirmed continued engagement with Iran following weekend talks in Islamabad; over 15 U.S. warships are positioned to support the blockade. According to maritime analysis firms, at least two oil tankers turned back after the blockade order took effect. The door for negotiations between the U.S. and Iran remains open as both sides engage in bargaining, with mediators Pakistan, Egypt, and Turk

wallstreetcn04:13

Wall Street sees another gold bull! Union Bancaire Privée switches stance to increase holdings, reiterating a $6,000 target price.

After significantly reducing its positions due to the gold price decline triggered by the Middle East conflict, Union Bancaire Privée (UBP) has resumed purchasing gold, asserting that the long-term outlook for the precious metal remains robust. The bank still anticipates that gold prices will rise to USD 6,000 per ounce by the end of this year.

Zhitong FinanceApr 13 15:49 · Ratings

The U.S. 'blockade order' takes effect! A comprehensive overview: What is the latest situation in the Hormuz region?

①Following the collapse of peace negotiations between the United States and Iran over the past weekend, the U.S. military officially began blocking all vessels attempting to enter or leave Iranian ports on Monday, marking the beginning of a risky new standoff; ②According to a senior official, more than 15 U.S. warships have been positioned to support this operation.

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Technical Analysis Report for April 14: Spot Gold, WTI Crude Oil Futures

This article compiles the latest insights from analysts at Economies.com, covering a range of products including spot gold and WTI crude oil futures!

Golden10 Data51minutes ago

Gold Dropped 10% Amid US-Iran Tensions? Experts Reverse Stance: Safe-Haven Status Undermined, More Like a 'High Beta Asset'!

Gold was once a good hedge against market pullbacks, but that is no longer the case. Robin Brooks, a senior fellow at the Brookings Institution, former chief economist of the Institute of International Finance, and former chief foreign exchange strategist at Goldman Sachs, warned that gold now behaves more like a 'high-beta asset,' which actually amplifies rather than mitigates market sell-offs.

cls.cn10:56

The US and Iran reportedly continue to maintain contact, with the next round of negotiations potentially taking place on the 16th.

The first round of talks between the United States and Iran failed to achieve a breakthrough, but engagement is continuing, with the next round of 'direct negotiations' potentially taking place on the 16th in Islamabad, the capital of Pakistan.

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