U.S. stock markets are experiencing increased volatility due to the situation in Iran, while oil prices are showing signs of an upward trend after significant fluctuations. According to Ming Pao, gold's traditional role as a safe haven appears diminished, as it has not effectively resisted declines during the current military conflict. The impact of war on gold is twofold, offering both positive and negative effects. However, if the conflict does not extend beyond three months, the present period may be an opportunity to accumulate gold.