Gold in troubled times.

According to the People's Daily, the Iraqi-US joint air base Al Asad in western Iraq was attacked by rockets. According to Agence France-Presse, citing sources from the security sector, an Iraqi base where US troops are stationed was hit by nine rockets. Tensions between the United States and Iran suddenly escalated.

Affected by this, the financial market once again experienced major shocks, with crude oil and gold futures prices soaring. U.S. oil rose by more than 4% during the session, rising above the $65/barrel mark. Spot gold's gains expanded to 2%, rising above $1,600 per ounce.

Gold price changes are closely related to the international market situation, and are also closely related to wars. War can often become a catalyst for the gold market. Therefore, in this context, it is necessary to comprehensively analyze the gold market with information from multiple aspects. A more comprehensive analysis will determine the future market situation. For now, the development potential of gold is still considerable.