New Bank: Geopolitical Risks Intensify, Gold Remains in a "Favorable Position"

Odaily News ANZ Bank analyst Soni Kumari stated that gold will initially react positively tomorrow, however, as the situation develops, some intraday pullbacks may occur. But our overall view remains unchanged; we are still bullish on gold. The geopolitical landscape this year is very different, with tensions being more intense. There may also be macro impacts following this Iranian attack, especially if oil prices rise significantly. (Jin10)