CoinWorld.net April 4 News, China International Capital Corporation (CICC) research report believes that the Iran-U.S. conflict has led to a sharp rise in oil prices, with the risk of "inflation" taking the lead. Market expectations of a change in the Federal Reserve's rate cut path have brought selling pressure on the gold ETFs that were increased last year. At the same time, liquidity shocks have also fueled short-term corrections through the futures and options markets. Currently, the Middle East geopolitical situation may be entering a critical window, with oil prices facing upward or downward choices. The pricing focus in the gold market may shift to assessing the impact of supply shocks on "stagnation," and the previously priced-in rate hike expectations may need to be revised. Looking ahead, CICC believes that whether it is a correction in oil prices after geopolitical de-escalation, a return to easing monetary policy, or increased supply shocks intensifying recession pressures and triggering the safe-haven value of gold, there is potential for upward correction in gold investment demand and prices.