当然是地缘政治，战争这类的，加上最近的关税战这类
如果是经济金融危机之类的。黄金不保险，比如2008年华尔街金融危机，金子随美股也跌得很惨
金子的 Safe-haven 功能时有时无
Gold fell more than 1% to its lowest level in nearly a month on Friday due to easing geopolitical and trade tensions and as investors awaited U.S. inflation data for clues on the future trajectory of interest rates.
Spot gold lost 1.3% to $3,283.56 per ounce by 0839 GMT, its lowest since late May. Prices have fallen by over 2% this week and more than $200 from a record high scaled in April.
U.S. gold futures fell 1.6% to $3,295.70.
The Iran-Israel ceasefire, brokered earlier this week by U.S. President Donald Trump, is holding for now.
“Market focus is shifting back toward trade as we are approaching the expiry of several trade truces.”
July 9 is the deadline for Trump’s “reciprocal” tariffs as nations rush to get an agreement.
