Update: Gold Trading Higher as the Dollar Drops After Trump Said the War on Iran to End Soon

Classic inverse dollar-gold move here. When the greenback softens, gold gets room to breathe. But I've seen too many stackers get whipsawed chasing geopolitical headlines. Iran war ending, Iran war escalating - the headlines change but the fundamentals don't. Central banks are still buying hand over fist. COMEX registered gold sits near multi-year lows. The real story isn't Trump's latest statement, it's the structural demand that keeps building underneath. This dollar dip might give us a temporary lift, but the bigger picture remains intact. Physical premiums haven't budged much, which tells me dealers aren't seeing panic buying or selling. Just steady accumulation from people who understand where this all heads long-term.