The conflict between Israel-Palestine has caused more than 14,400 deaths on both sides. The Israeli economy and industry have also been severely affected, with economic losses of approximately US$3.44 billion. The international credit rating agency Standard & Poor's recently issued a report stating that the Israeli economy may decline sharply, and Israel and A new round of large-scale conflict in Palestine will lead to increased geopolitical and security risks, and the Israeli economy is expected to shrink by 5% in the fourth quarter.

Last Sunday, Yemen's Houthi armed forces hijacked an Israeli cargo ship on the Red Sea shipping route and took 25 crew members hostage. This move triggered concerns that the conflict between Israel-Palestine will spread to a new maritime front. If there is a new round of The escalation of the conflict between Israel-Palestine, or the prolonged duration of the conflict, will push up global inflation and drag down global economic recovery and growth. Gold is a traditional safe-haven asset. If the situation continues to expand and worsen, gold will still have room to rise. If the situation eases. , gold subsequently declined, and the flexible trading model of gold investment also allows investors to seize opportunities at any time. The impact of the new round of Israeli and Palestinian conflicts mainly depends on whether the conflict expands to other regions in the Middle East. We will continue to provide Everyone pays attention to market information, thank you for watching.