The agreement between Iran and Oman proposed banning the passage of US and Israeli ships to Hormuz, but Trump still said that the US-Iran war is coming to an end and oil prices are rebounding, but inflation expectations, combined with rising US bond maturity premiums and weakening US dollars, have indeed created a favorable environment for gold. At a micro level, COMEX's non-commercial net bulls have returned to 2024 levels, and the volatility has fallen to a low level. The rebound in the gold market confirms our previous opportunity reminder. Currently, we are still maintaining a volatile mindset.

Zhitongcaijing · 2d ago
The agreement between Iran and Oman proposed banning the passage of US and Israeli ships to Hormuz, but Trump still said that the US-Iran war is coming to an end and oil prices are rebounding, but inflation expectations, combined with rising US bond maturity premiums and weakening US dollars, have indeed created a favorable environment for gold. At a micro level, COMEX's non-commercial net bulls have returned to 2024 levels, and the volatility has fallen to a low level. The rebound in the gold market confirms our previous opportunity reminder. Currently, we are still maintaining a volatile mindset.