Deep Tide TechFlow News, March 1, According to Jin10 Data, KCM Trade Chief Market Analyst Tim Waterer stated that at the market open on Monday, demand for gold might be higher than usual. Considering how long the conflict may last, which other countries might be involved, and risks such as inflation concerns, it is expected that gold will once again serve as the preferred safe-haven asset. Stock markets and other risk assets may be sold off, and investors will look for the best places to store their funds, with gold likely ranking at the top of that list.
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Deep Tide TechFlow News, March 1, According to Jin10 Data, KCM Trade Chief Market Analyst Tim Waterer stated that at the market open on Monday, demand for gold might be higher than usual. Considering how long the conflict may last, which other countries might be involved, and risks such as inflation concerns, it is expected that gold will once again serve as the preferred safe-haven asset. Stock markets and other risk assets may be sold off, and investors will look for the best places to store their funds, with gold likely ranking at the top of that list.