Marex analyst: Extended ceasefire eases crisis, renewal would pressure gold prices
- Marex analyst Edward Meir stated that with the ceasefire agreement extended, the market believes the crisis is easing.
- He warned that if the ceasefire ends and hostilities resume, we will see a stronger US dollar, rising oil prices and interest rates, which will put pressure on the gold price.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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