Middle East tensions escalate, gold futures may challenge record highs

According to BlockBeats, on June 13th, after Israel launched airstrikes on Iran at night and Iran launched drone strikes, gold futures rose due to safe haven demand, approaching the historical high of $3509.90 per ounce set in mid April. Analyst Nikos Tzaburas from Tradu.com wrote that due to concerns about further escalation of the Middle East situation and uncertainty over US tariffs, gold prices may reach a historic high. However, the path to easing and containing conflicts remains open. If the tension eases, gold prices may face a short-term downward adjustment. However, considering the current risky background, it seems that the upward trend has received good support. (Golden Ten)