**[Market Optimistic About US-Iran Peace Agreement, Gold Prices Expected to Achieve Weekly Gains]** Reported by Golden Finance, on May 8, gold prices rose on Friday, buoyed by easing concerns over inflation and interest rate hikes, and are expected to record weekly gains. Despite renewed clashes, investors remain optimistic about the US-Iran peace agreement. Although there were recent exchanges of fire between the US and Iran, Iran stated that the situation has returned to normal, while the US expressed that it does not wish for the situation to escalate. Kyle Rodda, Senior Financial Market Analyst at Capital.com, noted that the Trump administration's statement this morning indicates that the ceasefire is still holding, and the market remains optimistic about the possibility of an agreement between the US and Iran, which is currently supporting gold prices. For now, we can only wait for further updates to see whether the US and Iran are closer to reaching an agreement. In the time leading up to the end of this week’s trading session, gold prices may experience some volatility. (Jin10)