Everbright Futures: Oil Prices Trigger Inflation Concerns, Gold Volatility Intensifies Intraday

Overnight market gold prices plummeted, with London spot gold falling below $5,000 per ounce during trading, COMEX gold futures down 3.98%, and SHFE gold down 3.78%. The ongoing escalation of US-Iran tensions has driven crude oil and chemical prices higher, raising inflation concerns. The probability of a second rate cut by the Federal Reserve has dropped to 50%, and the dollar rebounded above 99 overnight. Gold experienced increased volatility during the day, so caution is advised. Investors should closely monitor the US-Iran situation, as whether the conflict slows down or further escalates will determine the future trend of gold prices. Strategy-wise, timing remains more important than direction. (Everbright Futures)