Gold prices surged! Iran's response is imminent, putting the market in a highly sensitive moment!

Market risk aversion has surged again, driving gold prices up yesterday. The core reasons behind this remain the situation in the Middle East and the progress of US-Iran negotiations. According to the latest Reuters report, Iran is reviewing the US proposal, and the market generally believes that the US and Iran are working towards a ceasefire agreement.

In this context, a large amount of capital has flowed into the gold market as a safe haven, pushing gold prices higher. However, given the current uncertainty surrounding the situation, short-term high-level fluctuations are possible. The key focus going forward will be on Iran's official response and whether there is any substantial progress in the US-Iran negotiations.