TechFlow News, June 23: According to WEEX TradFi data, precious metals and commodities overall weakened, with market risk-aversion sentiment cooling temporarily. Specifically, XAU fell 0.81% over the past 24 hours, GOLD (PAXG) fell 0.83%, and CRUDEOIL fell 2.08%.
WEEX Labs believes that the recent decline in crude oil prices is primarily driven by easing tensions in the Middle East and improved supply outlooks. Meanwhile, gold prices are influenced by movements in the U.S. dollar, real interest rates, and shifts in ETF demand. This correction reflects a broader repricing of macroeconomic factors; investors are now closely monitoring upcoming economic data and news developments. In the near term, attention should focus on how interest-rate trajectories and geopolitical factors continue to impact commodity markets.
