CITIC Securities: Maintains an optimistic outlook on precious metals and non-ferrous metal prices

According to Jinshi News, a research report from CITIC Securities states that recent gold prices have experienced significant fluctuations, mainly influenced by market concerns over the independence of the Federal Reserve and changes in expectations regarding the situation in Iran. Looking ahead to the short-term market, it is expected that the market may overestimate the hawkish stance of the new Federal Reserve Chairman Kevin Warsh, but the uncertainty surrounding the situation in Iran remains high. CITIC Securities still maintains an optimistic outlook on the prices of precious metals and non-ferrous metals.