The US-Iran nuclear talks have made progress and may reach a preliminary agreement

According to Gate market data, Middle Eastern media reported that negotiations on the U.S.-Iran nuclear issue have made progress, with proposals from Qatar and Pakistan reactivating substantive talks. Both sides are expected to reach a preliminary agreement on Iran's uranium enrichment issue, with the U.S. allowing Iran to enrich uranium to a concentration of 3.67% and requiring a reduction in the existing 60% enriched uranium concentration.

The Strait of Hormuz will reopen, and the U.S. will release $6 billion to $9 billion of Iranian assets. As a result, the Nasdaq's intraday gains expanded to 3%, spot gold and silver prices surged briefly, and oil prices fell by more than $1.50.