Gold does not suddenly surge; it is the concentrated release after long-term suppression.

Spot gold soared 1.8% in a single day, strongly surpassing $4,592 per ounce and hitting a new all-time high, while silver also rose by 5%. The market's initial reaction was "a sudden event stimulus." But if you extend the timeline, you'll find that this round of precious metal行情 is not accidental but a concentrated release after long-term logical accumulation.

Over the past year, gold has been repeatedly suppressed in a high-interest-rate environment, but there has been no trend-breaking collapse. This itself is an important signal: in the context of high real interest rates and a temporarily strong US dollar, gold can still hold its center, indicating that underlying buying has not withdrawn. Central bank gold purchases, sovereign wealth fund allocations, and structural changes in a multi-polar currency system have long laid the groundwork for this行情.

Sudden changes in Iran are just the spark that ignited the fuse. The real driver of the price breakthrough is the market’s re-pricing of "the normalization of global uncertainty." When safe-haven assets are no longer just short-term emotions but become part of long-term allocation logic, gold’s valuation system will undergo a leap.

The breakout of silver is also worth noting. Compared to gold’s "stability," silver is more of a "resilient asset." Once the trend is confirmed, its gains tend to be more dramatic. This indicates that funds are not only hedging risk but also betting on the extension of the precious metals bull market.

📌 This round of rise is not news-driven but trend-fulfilling.
📌 The real question is not "whether to chase," but "whether you have already been in the game."#我的2026第一帖