Zhongjin Wealth Futures: Poor negotiations between the US and Iran lead to a low opening of international gold prices.

The outcome of the US-Iran negotiations was poor, leading to a significant drop in international gold futures in the morning. Looking at the recent trend in gold prices, its movement is mainly driven by liquidity, with a high correlation with the US stock market in the short term. Considering that the US stock market is one of the foundations of the US, particularly when Trump is skilled at stimulating the market with TACO (trade negotiations and tweets), the trend of gold still clearly fluctuates with market sentiment, making it more difficult to participate in the short term.