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New Bank: With Geopolitical Risks Escalating, Gold Remains in a "Favorable Position"
Svmuu News: Soni Kumari, an analyst at ANZ Bank, stated that gold will initially react positively tomorrow; however, as the situation unfolds, some pullbacks may occur during the trading session. Nevertheless, our overall view remains unchanged, and we continue to be bullish on gold. This year’s geopolitical landscape is markedly different, with tensions running higher. The recent Iranian attack may also have broader macroeconomic implications, particularly given the sharp rise in oil prices. (Jin Shi)
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