Guangda Futures: Geopolitical risks decrease, uncertainty supports gold prices.

In terms of geopolitics, although NATO countries have stationed military personnel in Greenland, the US government has stated that it does not hinder Trump's goals regarding Greenland; the situation in Iran is becoming increasingly tense, the White House says that the Trump administration is closely monitoring the situation in Iran and is keeping all options open, Trump has had a phone call with Israeli Prime Minister Netanyahu. Looking at the performance of precious metals and crude oil from last night, the outbreak of conflict between the US and Iran has been put on hold, but there is no doubt that geopolitics remains the short-term focus, with the increasingly dire situation in Iran driving gold to remain on a strong trend.