Institutions: Gold futures are moving sideways with a tug-of-war between bullish and bearish factors, leading to a stalemate.

Jin10 data July 10 news, institutional analysis pointed out that gold futures maintain a flat position in trading without a clear direction. The impact of the U.S. delaying tariff increases and the strengthening of the dollar continues to hedge against geopolitical tensions and uncertainties. Current gold prices are around $3320/ounce, but have still accumulated a nearly 1% decline this week — previously, the Trump administration postponed the implementation of the so-called "reciprocal" tariff deadline to August 1, and does not rule out the possibility of further delays. This decision weakened some safe-haven demand, pushing up the dollar and U.S. Treasury yields, competing with the safe-haven attributes of gold, which does not yield interest. However, the new tariff threats from the Trump administration and related trade uncertainties still provide some support for gold prices, coupled with central banks around the world continuing to purchase gold, the bottom of gold prices remains solid.