Over the weekend, the U.S. launched airstrikes on Iran, leading to a surge in global risk aversion funds today. Gold and silver opened sharply higher, with gold reaching a short-term new high and silver prices fluctuating mainly. In the short term, the market is driven by geopolitical factors and capital battles. In the past two days, the RMB has depreciated, combined with expanding premiums in the domestic market, resulting in larger gains in Shanghai gold and silver compared to international markets. Short-term, it is recommended to hold long positions. (First Capital Futures)
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First Futures: U.S. and Israel airstrike Iran, gold and silver open gap higher simultaneously
Over the weekend, the U.S. launched airstrikes on Iran, leading to a surge in global risk aversion funds today. Gold and silver opened sharply higher, with gold reaching a short-term new high and silver prices fluctuating mainly. In the short term, the market is driven by geopolitical factors and capital battles. In the past two days, the RMB has depreciated, combined with expanding premiums in the domestic market, resulting in larger gains in Shanghai gold and silver compared to international markets. Short-term, it is recommended to hold long positions. (First Capital Futures)