Everbright Futures: Geopolitical tensions fluctuate, exercise caution in gold trading before the holiday

K-LinePoet · 2026-02-11T15:35:04+00:00

On February 9th, the spot gold price in London once again broke through $5,000 per ounce. Due to increasing geopolitical uncertainties, the market should exercise caution in gold trading, recommend light positions, and avoid high risks.

K-LinePoet

2026-02-11 15:35:04

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On February 9th, London spot gold once again rose above $5,000 per ounce in the morning session. This week is the last week before the Spring Festival holiday, and there is high uncertainty in overseas geopolitical situations. Capital may show signs of retreat, so gold trading should be cautious.
Regarding geopolitical issues, tensions in the Gulf continue to escalate. The Iran-UAE-Oman negotiations have not reached an effective consensus, and the possibility of conflict between the two countries still exists. Currently, the market is hopeful about geopolitical developments, but the volatility of geopolitical events may increase the difficulty of market prediction. Looking at recent precious metal trends, volatility remains high, but the overall trend is still unclear. It is recommended to operate cautiously before the holiday, with light positions for the festival. (Everbright Futures)

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