How does the situation in Iran affect the price of gold? Experts say the future price trend of gold will be determined in the next 48 hours.

The tension in the Middle East region is escalating. As for the price of gold, industry insiders say that it largely depends on the intensity of Iran's retaliation and the extent of conflict escalation. If Iran takes limited and precise retaliation, only targeting Israel or US military bases without blocking waterways, gold will remain at high levels of fluctuation. If the war spreads to regions such as Lebanon and the Red Sea, disruptions in shipping due to energy supply constraints will lead to gold experiencing both safe-haven and inflationary drivers, causing a significant increase. If Iran blocks the Strait of Hormuz and the US and Iran engage in full-scale warfare, gold will become the ultimate safe haven for global funds, with prices potentially reaching historical highs. Experts believe that the next 24-48 hours will be a crucial observation window for determining the price of gold. At the same time, it is also important to pay attention to whether the Vienna technical talks on March 2 will lead to a diplomatic de-escalation of the conflict.