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Analyst: Gold seems to be experiencing the most stable bull market in recent years and is expected to continue to be supported by safe-haven demand
2025-10-16 05:59

According to Pepperstone analyst Ahmad Assiri, gold appears to be experiencing its most robust bull run in recent years. Over the past month, gold has risen approximately 15%, with a pullback of less than 2%, demonstrating strong demand from both institutional and retail investors. He noted that with growing concerns about high valuations in the US stock market and increasing talk of a potential tech bubble, gold is becoming a core component of diversified portfolios. "While these concerns may be overblown, this perception alone supports gold's position as a safe haven for anxious investors," Assiri said. (Jinshi)