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Everbright Futures: Focus on the U.S. State of the Union Address, short-term gold may continue to fluctuate at high levels
On the overnight market of February 25, London spot gold fluctuated weakly. COMEX gold futures fell 1.25% to $5,160.50 per ounce. SHFE gold closed down 0.30%. The US dollar index rebounded, approaching a four-week high. Tech stocks strengthened, boosting the US stock market, while gold and crude oil prices declined. The US President delivered the State of the Union address at 10 a.m. Beijing time on Wednesday, with key topics including tariffs, immigration, and geopolitics, which may have a short-term impact on gold trends. (Everbright Futures)