US tariff uncertainty boosts safe-haven demand, precious metals strengthen.

due to the U.S. Supreme Court rejecting several of Trump's tariff measures, creating uncertainty in policy prospects, investors have flocked to safe-haven metals, driving up gold prices. Market analyst Kyle Rodda stated: "The return of the Chinese market, coupled with increased uncertainty in U.S. policy, is maintaining the appeal of gold and silver to some extent." Meanwhile, two Federal Reserve officials hinted that there is no intention to change the central bank's interest rate policy setting in the short term. The market currently expects three 25-basis-point rate cuts this year. "Gold prices still have ample room to rise, especially if all factors driving gold prices (such as U.S. fiscal and trade policies, foreign policies, etc.) continue to exist." On the geopolitical front, the Omani Foreign Minister previously stated that the U.S. and Iran will hold the third round of nuclear talks in Geneva on Thursday. As of press time, spot gold has risen more than 1%, spot silver and spot platinum have both risen more than 4%, and spot palladium has risen over 2%. (Jin10)