US Stock Futures Jump on Possible Breakthrough on Strait of Hormuz Shipping Arrangements. Spot Gold Jumps 1% While Spot Silver Gains over 2%

Tiger Newspress

05/07

US stock futures jumped on possible breakthrough on Strait of Hormuz shipping arrangements.

Al Hadath sources say understandings have been reached to ease the blockade in exchange for a gradual reopening of the Strait of Hormuz, with intensive talks ongoing to restore transit. Arabic sources report that the coming hours may bring a breakthrough regarding ships currently stuck in the strait.

Spot silver rose 2.66% to $79.42 per ounce; spot gold rose 1% to $4,741.25 per ounce.

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Spot Gold Jumps 1% While Spot Silver Gains over 2%\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time smaller\">2026-05-07 15:35</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<html><head></head><body><p>US stock futures jumped on possible breakthrough on Strait of Hormuz shipping arrangements. </p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/acf23d7d3d4c26a064d1c6e5f839483f\" tg-width=\"567\" tg-height=\"243\"/></p><p>Al Hadath sources say understandings have been reached to ease the blockade in exchange for a gradual reopening of the Strait of Hormuz, with intensive talks ongoing to restore transit. 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