The conflict between the US and Iran continues, and some overseas institutions are worried that “buffers” such as the global oil strategic reserves have almost been exhausted. The market is worried that under an extreme supply crisis that has completely lost its way back, the crude oil and refined oil markets will usher in a sharp rise, oil prices will rise, and gold will fall. Overall, however, the impact of oil prices on gold is relatively limited. If oil prices stop there, it is expected that gold will maintain a volatile trend in the short term.

The conflict between the US and Iran continues, and some overseas institutions are worried that “buffers” such as the global oil strategic reserves have almost been exhausted. The market is worried that under an extreme supply crisis that has completely lost its way back, the crude oil and refined oil markets will usher in a sharp rise, oil prices will rise, and gold will fall. Overall, however, the impact of oil prices on gold is relatively limited. If oil prices stop there, it is expected that gold will maintain a volatile trend in the short term.