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Information summary:
The powder keg of the Middle East situation exploded. A new round of fierce fighting between Israel and Iran has pushed the global financial market into a risk-averse storm. In just one day, gold soared. In the early Asian session on Monday, the price of gold was unstoppable, hitting a nearly seven-week high of $3451/ounce. Under the dark...
Information summary:
On the last trading day of last week, gold rose again under the stimulation of risk aversion. The gold market is shrouded in risk aversion in the Middle East. In the short term, the trend of gold is still supported by risk aversion and may continue to rise. At present, the relationship between Israel and Iran has not been eased; there is the...
Information summary:
A new round of air strikes by Israel against Iran on Friday has significantly escalated the conflict in the Middle East. Investors have quickly poured into traditional safe-haven assets such as gold, U.S. Treasuries and the Japanese yen. The market's current first choice for hedging geopolitical risks is gold, not the U.S. dollar. The U.S....
