TechFlow, Oct 16 — According to Jinshi Data, Pepperstone analyst Ahmad Assiri said gold appears to be undergoing its strongest bull market in recent years. Over the past month, gold has risen approximately 15% with less than 2% pullback, indicating robust demand from both institutional and retail investors. He noted that as concerns grow over the high valuations of U.S. stocks and discussions about a potential tech bubble intensify, gold is increasingly becoming a core component of diversified investment portfolios. Assiri stated: "While these concerns may be overstated, merely the perception supports gold as a safe haven for investor anxiety."
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