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Analyst: Gold will once again become the primary preferred safe-haven asset
GateNews
Odaily Planet Daily reports that KCM Trade Chief Market Analyst Tim Waterer stated that at market open on Monday, demand for gold might be higher than usual. Considering the potential duration of the conflict, which other countries might be involved, and inflation concerns, it is expected that gold will once again serve as the preferred safe-haven asset. Stock markets and other risk assets may be sold off, as investors seek the best places to store their funds, with gold likely ranking at the top of that list. (Jin10)
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