TechFlow News: On March 24, according to JIN10 Data, analysts at Saxo Bank stated: “The ongoing Middle East war is triggering broad macroeconomic shocks across global markets, forcing investors to reassess inflation, interest rates, economic growth, and liquidity conditions simultaneously. Gold is being sold off because it is one of the few liquid assets that have remained in an upward trend over the past year.” Gold is under pressure from concerns that high energy prices will push up inflation and dampen market expectations for further rate cuts in the near term.
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