Group 1 - The easing situation in the Middle East and the rebound of the US dollar are suppressing gold prices, but concerns over the potential reintroduction of high tariffs by the US are stimulating safe-haven buying in gold [1] - The US dollar index has gradually rebounded after hitting a low last week, approaching the 98 level, which has created downward pressure on gold prices [1] - The high tariff suspension announced by Trump in April is set to expire on July 9, and the US Treasury Secretary indicated that tariffs will be reinstated on countries without trade agreements by August 1, raising concerns about the impact on the global economy and trade [1] Group 2 - Gold prices are currently fluctuating within the range of $3,300 to $3,365 per ounce, with a focus on the potential breakout above the $3,350 to $3,365 resistance zone [1] - The current adjustment phase in gold prices has entered its 12th week since reaching a peak of $3,500 per ounce, indicating that the mid-term adjustment may be nearing its end, although the timing and manner of the next move remain uncertain [1] - The overall pattern for silver remains unchanged, with prices fluctuating between $35 and $37 per ounce after breaking through the $35 level, and there is potential for further upward movement towards the $40 to $42 range [2]

Group 1 - The core viewpoint of the articles indicates that gold prices are experiencing fluctuations and are currently around $3340, with investors awaiting key employment data from the U.S. [1] - The recent passage of Trump's tax and spending cut bill in the Senate is seen as a political victory, which may influence market sentiment and gold prices [3] - Federal Reserve Chairman Jerome Powell has reiterated the need for more economic data before considering monetary easing, but has not ruled out the possibility of a rate cut in July [3] Group 2 - Technical analysis suggests that gold prices are maintaining an upward trend, with a closing price above the 50-day simple moving average (SMA) at $3322 per ounce, indicating potential for further increases [3] - If gold prices rise above $3350 per ounce, the next target will be $3400, with further resistance at $3450 and the historical high of $3500 [3] - Conversely, if gold prices fall below the 50-day moving average, the first support level will be $3300 per ounce, with sellers targeting the June 30 low of $3246 per ounce [3]

Core Viewpoint - The increase in gold prices is driven by escalating tensions in the Middle East and uncertainty in global trade, enhancing gold's appeal as a safe-haven asset [3]. Group 1: Market Performance - As of June 12, gold prices reached $3,375.50 per ounce, marking a 0.61% increase from the previous day [4]. - The gold price opened at $3,356.79 per ounce, with a daily high of $3,377.50 and a low of $3,351.38 [4]. Group 2: Geopolitical Factors - The rise in gold prices is attributed to heightened tensions in the Middle East, particularly warnings from Iran regarding potential retaliation against U.S. military assets if negotiations fail [3]. - The U.S. is evacuating non-essential personnel from its embassy in Baghdad and military families from several bases in the Gulf due to security concerns, further stimulating safe-haven buying of gold [3]. Group 3: Year-to-Date Trends - Gold prices have increased by 28% year-to-date, supported by rising geopolitical risks and increased central bank purchases [3].