Luke Gromen: Iranians may accept euro or French could pay in CNY via gold sales

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03.04.2026

Luke Gromen: Iranians may accept euro or French could pay in CNY via gold sales — Iranians and French consider alternative payments

Luke Gromen raises the possibility of Iranians accepting euro payments or the French paying in Chinese yuan, potentially after selling gold to China to acquire CNY.

The tweet highlights ongoing discussions regarding international payment methods and shifting currency preferences in global trade.

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Gromen has previously analyzed moves in key assets. He tracked how the 10-year U.S. Treasury yield and oil markets responded following remarks by Secretary Bessent in February 2025. He also commented on gold falling below $4,500, noting it was the largest weekly decline since 1983 and compared recent volatility to the 1920s Weimar period in a separate analysis of the gold market.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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