Group 1 - The international gold price continues to rise amid a stable background, but the upward momentum is limited, facing technical resistance at the $3400 level [1] - The OECD has downgraded global economic growth forecasts, predicting a growth rate of 2.9% for both 2025 and 2026, lower than previous estimates of 3.1% and 3.0% [1] - The ongoing geopolitical tensions, particularly the escalation of the Russia-Ukraine conflict, have heightened market risk aversion, further supporting gold prices [1][2] Group 2 - Concerns over economic recession, the ongoing Russia-Ukraine conflict, and the escalation of the US-EU trade war are providing support for the gold market [2] - The current gold price is in an adjustment cycle after reaching a high of $3500, with resistance still present at the $3400 level [2] - The price range of $3325-$3335 is identified as an important support level, which if maintained, could allow gold to challenge the $3400 mark again [2]