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Everbright Futures: Geopolitical Tensions Persist, Gold Price Trends Under Pressure
In terms of geopolitics, Trump and mediating party Pakistan have signaled that negotiations may restart in the coming days, but Iran later denied the possibility of talks on Friday. Israeli media reported that the ceasefire period set by Trump ends on the 26th. According to Xinhua News Agency, U.S. President Trump explicitly stated on the 22nd that there is currently “no timetable” for ending the conflict with Iran, and there is no need to rush. This statement further reinforced market expectations of a prolonged conflict. Oil prices continued to rise during night trading, market risk appetite declined, and precious metals were under pressure. (Everbright Futures)