Analysts: Gold to Regain Its Status as the Preferred Safe-Haven Asset

Odaily News Tim Waterer, Chief Market Analyst at KCM Trade, stated that demand for gold may be higher than usual when markets open on Monday. Considering risks such as how long the conflict might last, which other countries could become involved, and inflation concerns, gold is expected to reassume its role as the preferred safe-haven asset. Stock markets and other risk assets may face selling pressure, as investors seek the best place to park their funds, and gold is likely to top that list. (Jin10)