Last night, with the US stock market closed, the precious metals market experienced a broad rebound. Gold rose by over 2%, and silver surged nearly 7%, both hitting intra-day record highs. The underlying logic behind this rally is quite clear—the escalating geopolitical tensions have become the main driving force.

From an asset perspective, the current situation is prompting some high-net-worth individuals to accelerate their asset transfer plans. Especially in the Middle East, capital holders are eager to move their assets out of the region due to concerns over potential geopolitical conflicts. But here’s the problem: traditional fiat channels have been frozen, and while blockchain assets like Bitcoin are highly liquid, they pose a risk of transaction tracing. This dilemma has made precious metals and privacy coins two unprecedentedly attractive safe-haven tools. Gold and silver can be physically transferred, while privacy coins offer discreet transfer methods—both becoming the best companions for capital flight.

On the macro level, tensions are also escalating. The Greenland dispute continues to ferment, with high-level officials once again suggesting the possibility of military action, and threatening tariffs on European goods if the island remains outside control. The EU has announced an emergency summit this Thursday to respond, even considering retaliatory tariffs on US goods worth 93 billion euros. Domestically, a case involving a former Federal Reserve vice chairman is about to go to court, touching on deep issues of the Fed’s independence, with markets closely watching the outcome of this trial.

The series of geopolitical and political risks stacking up is strengthening market demand for safe-haven assets, and this trend is expected to continue supporting the prices of precious metals and privacy coins.