[Market Analysis: Gold and Silver Rise After U.S.-Iran Ceasefire, Mainly Due to Improved Market Sentiment and Reduced Rate Hike Bets] Odaily Planet Daily News - Financial website Investinglive analyzed that, under normal circumstances, the easing of geopolitical tensions is unfavorable for precious metals like gold and silver. However, this time the situation is quite the opposite. Before the U.S.-Iran conflict erupted, gold and silver positions were primarily reliant on leveraged trading. The negative impact of the conflict led to leveraged sell-offs, causing a decline in precious metals like gold and silver. After the U.S.-Iran ceasefire, improved market sentiment drove a rebound in gold and silver. Additionally, the ceasefire also implies that major central banks may not need to be overly aggressive in raising interest rates. This is another reason for the rebound in precious metals. (Jin10)