Internet reports that due to Trump's continued pressure on Powell, gold futures in New York exceeded the 3500 mark today, and spot gold was only one step away from 3500. Tim Waterrer, chief market analyst at KCM Trade, said: "Investors have been keeping U.S. assets at a distance due to tariff concerns and the controversy between Trump and Powell, allowing gold to take full advantage of the dollar's woes and occupy a favorable position. Given the rapid increase in gold prices this month, there is still the possibility of a correction. But there is reason to believe that if gold prices pull back, buyers will still be keen on gold because high economic uncertainty remains the main feature of the market."