According to BlockBeats, on June 13, Israel launched airstrikes against Iran at night, prompting Iran to retaliate with drone attacks, which caused gold futures to rise due to safe-haven demand, approaching the historical high of $3509.90 per ounce. Tradu.com analyst Nikos Tzabouras pointed out that the escalation of the situation in the Middle East and uncertainties regarding U.S. tariffs could drive gold prices to new highs.
However, the possibility of easing and containing the conflict still exists. If the tensions subside, gold prices may decline in the short term. But in the current risk environment, the bullish momentum remains strong.