What happened between the US and Iran on the night of April 7th? Let's explore the impact of the ceasefire on gold, the global market, and the dollar.:If this ceasefire turns into a lasting peace, global equity markets could strengthen, particularly with oil-importing countries and sectors likely to benefit significantly.

News Topical, Digital Desk : The long-standing tensions in the Middle East appear to be reaching a major and decisive turning point. Donald Trump announced on his social media platform, Truth Social, that the United States has agreed to halt bombing and attacks against Iran for two weeks. This decision was made after talks with Pakistani Prime Minister Shehbaz Sharif and Field Marshal Asim Munir.

According to Trump, this ceasefire is "double-sided," meaning it will be enforced by both countries. However, it comes with a crucial condition: the Strait of Hormuz will be reopened immediately and safely. This is the world's most important oil supply route, and its reopening is expected to provide relief to global energy supplies.

Trump also stated that a 10-point proposal has been received from Iran, in which almost all disputed issues have been agreed upon. He stated that this two-week period has been given to reach a final agreement. Meanwhile, Shehbaz Sharif welcomed the ceasefire on the social media platform X, stating that the agreement, which comes into effect immediately and includes other areas, including Lebanon. He has invited representatives from both countries to Islamabad on April 10, 2026, for talks dubbed "Islamabad Talks." Iranian Foreign Minister Seyed Abbas Araghchi also stated that if attacks on Iran cease, his forces will cease retaliation. He also clarified that safe passage through the Strait of Hormuz within two weeks will be possible in coordination with the Iranian military.

Meanwhile, a spokesperson for Iran's Revolutionary Guard Corps (IRGC) also issued a statement saying that the US had accepted several key conditions, including a non-aggression stance, acknowledgment of Iran's nuclear program, the lifting of all sanctions, and the withdrawal of US military forces. The biggest question now is how this will impact the markets. Even before this development, there were indications that the market was aware of the deal. US markets did not decline significantly despite Trump's harsh statement, closing flat at the end of the day. Meanwhile, US futures had already begun to rise, and oil prices had begun to fall. Following the ceasefire news, oil prices may soften, while Dow Jones Industrial Average futures may rise, and gold and silver may see movement. Investors will also be closely monitoring the US dollar's movements.