Expectations of a ceasefire in the Israel-Iran conflict strengthen, and gold is poised for five consecutive gains.

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Mars Finance news, on April 2, spot gold rose 0.8% during the day, briefly broke above $4,800 per ounce, and may have recorded a fifth consecutive trading day of gains. Market analysis believes that the convergence of geopolitical developments and policy expectations is driving continued inflows of safe-haven funds into gold prices. On the news front, Trump plans to announce in a speech during the gold trading session that the U.S.-Iran military operation has 「achieved all objectives」, the war is nearing its end, and it will pave the way for the gradual withdrawal of U.S. forces from the conflict. At the same time, the U.S. may hand over the issue of disruption to shipping through the Strait of Hormuz to NATO and Europe, along with Gulf countries, showing that the U.S. is seeking a path for a 「respectable exit」. Against the backdrop of Iran continuing to restrict navigation through the strait and international oil prices rising above $100 per barrel, market concerns about uncertainty in the Middle East situation and an energy shock are intensifying. Combined with policy bargaining and alliance differences under expectations that the war is 「wrapping up」, safe-haven demand is further strengthening, pushing gold prices to keep rising.

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