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Progress in U.S.-Iran nuclear talks drives oil prices sharply lower, while gold and silver rally short-term; the Nasdaq index extends its intraday gain to 3%.

2026-11-10 04:03:12 Source: BlokWiki News
On November 10, Bitget market quotes data showed that international crude oil prices plunged by more than $1.50 per day, while gold and silver experienced a sharp short-term rally. U.S. equities rallied collectively that day: the Nasdaq-100 surged 3.4% intraday, the S&P 500 rose 2.47%, the Dow Jones Industrial Average gained 2.36%, and the Nasdaq Composite climbed 2.82%.
According to Al Arabiya TV, citing Arab sources, a mediation proposal jointly put forward by Qatar and Pakistan has prompted the United States and Iran to resume substantive negotiations; the two sides are expected to reach a preliminary agreement on Iran’s uranium enrichment activities. The framework of this agreement explicitly states that the Strait of Hormuz will immediately resume navigation and related maritime blockades will be lifted simultaneously; the U.S. side will unfreeze Iranian overseas assets valued between $6 billion and $9 billion upon formal conclusion of the agreement.
#U.S.-Iran nuclear talks #Hormuz Strait #Iranian uranium enrichment #Qatar mediation #Iran's overseas assets