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- 🎉 [Gate 30 Million Milestone] Share Your Gate Moment & Win Exclusive Gifts!
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Market uncertainty re-emerges, gold futures pump.
Jin10 data reported on June 25, as ongoing market uncertainty begins to resurface, gold futures prices are rising. The ceasefire between Israel and Iran has dampened safe-haven demand, and gold has stabilized after a significant dumping earlier this week. Samer Hasn from XS.com stated in the report that nevertheless, safe-haven demand remains supported by geopolitical and trade-related risks. Despite optimism about the ceasefire from all parties, the potential for escalation still exists, as a leaked U.S. intelligence report suggests that American strikes seem to have only delayed Iran's nuclear program by a few months. Market attention may also shift to the unresolved trade tensions.