During the Asian morning session, international spot gold prices remained stable, with geopolitical uncertainties serving as the core driver supporting gold prices at high levels.

As a traditional safe-haven asset, gold's price trend is highly correlated with global risk events. Currently, the geopolitical situation is complex, market risk aversion sentiment is high, and investors are increasing their holdings of gold to hedge risks, providing a bottom support for gold prices. As of the Asian morning report, spot gold prices are basically unchanged from the previous trading day's closing level, at $4,476.15 per ounce, with reduced volatility and cautious trading.

Market analysts point out that in the short term, if geopolitical risks are not alleviated, safe-haven buying in gold will remain active, and gold prices are expected to consolidate at high levels; conversely, if the geopolitical situation eases, some profit-taking may cause gold prices to retreat. Attention should be paid to changes in the situation and capital flows.