New York:Gold prices have fallen to their lowest level since October 2025, following comments from President Donald Trump regarding the Iran deal, which have caused market concerns.

According to Anadolu Agency – English, gold prices decreased by more than 2.9%, reaching approximately $3,870 per ounce on Thursday. The decline in gold prices is attributed to expectations of further monetary tightening by the Federal Reserve and the rise in oil prices.

On the same day, President Trump stated that the United States does not require a deal with Iran, directing Vice President JD Vance to focus on domestic priorities instead of negotiations with Tehran. This statement has added to the uncertainty affecting the markets.

In addition to the gold market, silver prices also experienced a decline, dropping by 3.2% to $50 per ounce. Meanwhile, energy commodities saw significant gains, with Brent futures increasing by 1.9% to around $95 a barrel and the EU gas index jumping by 8.3%.