[MARKET UPDATE] Amid reports US/Iran nuclear talks are back on the table for Friday, oil saw notable downside, while spot gold and equities firmed

The resumption of U.S./Iran nuclear talks is contributing to a notable decline in oil prices, as the market anticipates a potential easing of tensions and supply disruptions.

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US official confirms Iran-US talks in Oman to take place on Friday

[MARKET UPDATE] Amid reports US/Iran nuclear talks are back on the table for Friday, oil saw notable downside, while spot gold and equities firmed

Plans for US-Iran nuclear talks in Oman on Friday are back on, after several Arab and Muslim leaders urgently lobbied the Trump administration on Wednesday afternoon not to follow through on threats to walk away, two US officials told Axios

Iran Foreign Minister says nuclear talks with the US are scheduled to be held in Muscat on about 10am on Friday; grateful to our Omani brothers for making all the necessary arrangements

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In contrast, the firmness in spot gold and equities suggests a shift towards risk appetite among investors, likely positioning themselves for a broader range of outcomes in the geopolitical landscape.

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