Analyst: Gold Will Regain Its Position as the Preferred Safe-Haven Asset
According to Odaily, Tim Waterer, Chief Market Analyst at KCM Trade, stated that at the market opening on Monday, demand for gold may be higher than usual. Given the risks such as the potential duration of the conflict, which other countries may become involved, and concerns about inflation, gold is expected to once again take on the role of the preferred safe-haven asset. Stock markets and other risk assets may face sell-offs, and investors will be looking for the best place to park their funds, with gold likely topping that list. (Golden Ten Data)
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