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Analyst: Gold Will Once Again Become the Preferred Safe-Haven Asset
Svmuu News: Tim Waterer, Chief Market Analyst at KCM Trade, stated that demand for gold may be higher than usual when markets open on Monday. Given risks such as the potential duration of the conflict, which other countries might be drawn in, and inflation concerns, gold is expected to resume its role as the preferred safe-haven asset. Equities and other risk assets may face selling pressure, prompting investors to seek the best places to park their money, with gold likely topping that list. (Jin Shi)
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