TechFlow News: On March 25, according to JIN10 Data, Christopher Wong, strategist at OCBC Bank in Singapore, stated that gold’s safe-haven demand is re-emerging due to expectations of easing tensions in the Middle East and a weakening U.S. dollar. This further confirms that gold has not lost its appeal as a safe-haven asset. It had previously been crowded out of the market by the strong dollar, but such pressure is now easing. In the near term, gold prices may continue to be influenced by market expectations regarding the Federal Reserve’s policy path, the U.S. dollar’s trajectory, and evolving geopolitical developments. Nevertheless, this rebound suggests that price declines may still find support—unless real yields rise significantly.
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