PRECIOUS METALS | Iran Conflict Alters Gold Dynamics, But Buying Reasons Accumulate

Following the outbreak of conflict in Iran, Brent crude oil surged by 49%, while gold prices fell by 11%. According to Jin10, several institutions have noted that high oil prices are suppressing global growth, and the pressure on the U.S. fiscal deficit continues to increase. These factors have not weakened the long-term rationale for gold; instead, they have strengthened it.