Everbright Futures: Risk aversion drives up gold prices to new highs

Overnight market gold fluctuated and rose, reaching the 4750 level, with prices reaching a new high. COMEX gold futures rose 3.70%, while SHFE gold closed up 1.98%. Risk sentiment is receding, risk aversion is heating up, US stocks, bonds, and foreign exchange are killing off, Bitcoin is plummeting, and gold is strengthening. The geopolitical situation is tense, and the issue of Greenland continues to receive attention. Tariffs are still a means of external pressure from the United States, and Everbright Futures believes that short-term gold can be treated with caution.