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Bank of China Futures: Geopolitical Tensions Rise, Precious Metals Strengthen
During the Spring Festival holiday, geopolitical tensions escalated, and negotiations between the US and Iran over nuclear issues stalled with limited progress. The US Supreme Court ruled to revoke most of the tariffs imposed globally by Trump last year, while Trump announced an additional 10% tariff on US-bound goods within the next 150 days, fueling risk aversion sentiment and strengthening precious metals. (Bank of China Futures)