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US Middle East envoy says long-term peace agreement ‘optimistic outlook’, gold market under pressure to decline
- June 25, 2025
- Posted by: Macro Global Markets
- Category: News
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On June 24th, US Middle East envoy Witkov stated in an interview with Fox News that the US is engaging in direct and indirect contacts with Iran and that it is “time” to negotiate a comprehensive peace agreement, emphasizing his “confidence” in reaching an agreement. This statement echoes the ceasefire decision announced by Iranian President Pezehezhian on the same day – Pezehezhian stated that the 12 day conflict instigated by Israel has ended and Iran will focus on reconstruction work. On the same day, the Director General of the International Atomic Energy Agency, Grossi, confirmed that although some of Iran’s nuclear facilities were damaged, key research and power reactors were not attacked, providing a technical basis for subsequent negotiations.
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