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Yesterday, the geopolitical situation took a series of twists and turns, and gold responded with a sharp surge. Asian morning spot gold immediately jumped 1%, easily breaking through previous resistance levels, closing at $4,372.81 per ounce. This price has indeed been rare in recent times.
Where is the problem? It’s actually the fluctuations in geopolitical tensions. The political environment in South America has become uncertain, causing investors to panic and seek safety collectively. As a traditional safe-haven asset, gold naturally became everyone's first choice. At such times, everyone is thinking about protecting their assets, and who dares to frequently trade risky assets?
From the market reaction, this risk-averse sentiment is genuine. The performance of precious metals is evident, and prices do not lie. Coupled with the existing uncertainties in the global economy, this further strengthens investors’ demand for safe-haven assets.
Looking ahead, if the geopolitical situation continues to become more complicated, this wave of gold行情 may have more room to grow. Once a risk premium is formed, it often continues to ferment. The specific direction moving forward will still depend on how the situation develops.