Gold stocks mostly advanced, with China Gold International (02099) up 6.1% to HK$177.3, Lingbao Gold (03330) rising 4.4% to HK$21.36, Zijin Gold International (02259) gaining 3.59% to HK$158.5, and Chifeng Gold (06693) increasing 2.52% to HK$30.96 at the time of writing. The significant rise in safe-haven sentiment provided a key catalyst, as gold prices broke above the $4,600 per ounce milestone for the first time on Monday, setting another historic record. An unexpected investigation into Federal Reserve Chair Powell has sparked market concerns about the central bank's independence. Additionally, markets continue to monitor developments in the Iran situation, following reports that the U.S. State Department has urged American citizens to leave Iran immediately due to recent protests, unrest, and casualties among security personnel and civilians. Citi has forecast that gold prices could reach $5,000 per ounce within three months, with silver prices potentially hitting $100.