investingLive Asia-Pacific market news 5 August 2026: Gold jumped above US$4130

Diplomatic developments around the Strait of Hormuz dominated the session, with the narrative refining as the day progressed. Early reports suggested Iran and Oman had largely agreed on the mechanics of reopening the strait, with Iran set to manage inbound traffic and Oman handling outbound shipping alongside a proposed service fee, though later reports cautioned that a final agreement had not yet been reached.