Central banks in many countries have
announced interest rate cuts, including
Canada, Sweden, Switzerland, and the
European Central Bank has also cut interest
rates. These measures not only reduce the
opportunity cost of holding safe-haven assets
such as gold, but may also ease inflationary
pressures, making safe-haven assets such as
gold relatively less attractive. Investors' safe-
haven demand for gold may decline 

The recent Israeli air strikes on the Gaza Strip
have led to an increase in geopolitical risks,
resulting in many casualties. This geopolitical
uncertainty has driven investors` demand for
safe-haven assets such as gold, thereby
supporting gold prices. However, this support
may only be temporary. If the geopolitical
situation eases, gold prices may also face
correction pressure

Gold fell nearly $100 from this week's high on
Friday due to a series of factors such as non-
agricultural data. From a technical perspective,
the gold market will first focus on the
adjustment strength of gold next week and
adjust positions to short gold. Next week,
investors need to pay close attention to
important financial data and events such as
the US CPi, the Federal Reserve's monetary
policy decision, the US PPI, the number of initial
jobless claims that week, and the monetary
policy decision of the Bank of Japan. These
events will have a profound impact on the gold
market, especially the Federal Reserve's
monetary policy decision, which may further
clarify the market's expectations for interest
rate cuts.