Core Viewpoint - International gold prices experienced fluctuations, initially rising before retreating, indicating a short-term trend of potential adjustment and volatility, yet supported by various moving averages, suggesting a bullish outlook upon reaching support levels [1][3] Price Movement - Gold opened at $5143.28 per ounce, recorded a low of $5120.96, and later rebounded to a high of $5217.39 before closing at $5165.06, resulting in a daily fluctuation of $96.43 and a net increase of $21.78, or 0.42% [3] Influencing Factors - The price of gold was supported by technical buying and geopolitical tensions related to U.S. military buildup ahead of nuclear negotiations with Iran, as well as Iran's ongoing nuclear ambitions [3] - However, the prospect of the U.S. maintaining short-term interest rates may pose challenges for gold prices, alongside a recovery in risk appetite and rising stock markets, which diminished demand for safe-haven assets [3] - Additionally, the continued rise in U.S. Treasury yields has further limited bullish momentum for gold, contributing to its eventual retreat [3]