After Israel attacked Iran, it triggered a counterattack from Iran, but recently the price of gold has soared and declined. The safe-haven properties of gold do not seem obvious? The Federal Reserve's June interest rate meeting is about to be held. How will the market affect the price of gold in the future? On June 17, the World Gold Council released the “2025 Global Central Bank Gold Reserve Survey”, according to which 95% of the central banks surveyed believe that global central banks will continue to increase their gold holdings in the next 12 months. This ratio is the highest since the first survey on this issue was conducted in 2019. Has the short-term gold price bottomed out, and judging future gold price trends? Xu Quanhan, head of precious metals strategy analysis at ICBC, analyzed that gold clearly rose on the day of the conflict between Israel and Iraq, and the scale of the conflict may have been a driving factor in the price of gold. The market focuses on the direction of the Federal Reserve's monetary policy, whether to take forward-looking measures or drive the market. Gold remains bullish for a long time, but it has entered a sticky pattern in the short term.

After Israel attacked Iran, it triggered a counterattack from Iran, but recently the price of gold has soared and declined. The safe-haven properties of gold do not seem obvious? The Federal Reserve's June interest rate meeting is about to be held. How will the market affect the price of gold in the future? On June 17, the World Gold Council released the “2025 Global Central Bank Gold Reserve Survey”, according to which 95% of the central banks surveyed believe that global central banks will continue to increase their gold holdings in the next 12 months. This ratio is the highest since the first survey on this issue was conducted in 2019. Has the short-term gold price bottomed out, and judging future gold price trends? Xu Quanhan, head of precious metals strategy analysis at ICBC, analyzed that gold clearly rose on the day of the conflict between Israel and Iraq, and the scale of the conflict may have been a driving factor in the price of gold. The market focuses on the direction of the Federal Reserve's monetary policy, whether to take forward-looking measures or drive the market. Gold remains bullish for a long time, but it has entered a sticky pattern in the short term.