Core Viewpoint - The easing of trade tensions has led to a decrease in market risk aversion, resulting in a decline in COMEX gold futures prices, currently trading around $4098 per ounce [1] Group 1: Market Performance - Gold-related ETFs showed mixed performance, with Huaxia Gold ETF (518850) down 0.36%, while Gold Stock ETF (159562) rose by 1.8% and Nonferrous Metal ETF (516650) increased by 2.88% [1] - Notable stock performances included Xiamen Tungsten, which hit the daily limit, along with Western Superconducting, Jiangxi Copper, and Vanadium Titanium shares all experiencing gains [1] Group 2: Economic Developments - The US-China economic teams concluded a two-day negotiation in Kuala Lumpur, with US Treasury Secretary Becerra stating that a "very substantive framework agreement" was reached, and the US will no longer consider imposing a 100% tariff on China [1] Group 3: Market Analysis - Short-term gold prices may experience fluctuations during a correction, but the long-term outlook remains positive due to the Federal Reserve's easing cycle and lingering potential risks, suggesting that gold prices may still have upward potential over an extended investment horizon [1]