TechFlow News: On March 1, according to JIN10 Data, the U.S. and Israel launched strikes against Iran on February 28, triggering global risk-aversion sentiment. Market analysts anticipated a sharp rise in prices of precious metals such as gold. However, notably, gold’s after-hours trading price surged on February 28 but plunged on March 1. Pan Helin, an economist and member of the Expert Committee on Information and Communication Economics at the Ministry of Industry and Information Technology, stated that the reported death of Iran’s Supreme Leader Ayatollah Ali Khamenei has altered short-term market expectations, leading investors to believe Iran’s situation could stabilize rapidly. If it is further confirmed that Iran achieves a smooth transition of power following Khamenei’s death, capital markets may fully reverse their expectations—resulting in declines in gold and oil prices, and gains in U.S. equities, particularly industrial stocks. Nevertheless, war entails uncertainty; Khamenei’s death could also plunge Iran into deeper chaos.
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