JPMorgan: The Longer the Conflict Lasts, the Stronger the Case for Gold

Odaily News JPMorgan stated in a report: "Although gold prices have fallen by approximately 17% from their pre-conflict January peak amid a strong US dollar and widespread market risk aversion, historically, such situations have only been temporary pullbacks awaiting buying opportunities. Moreover, the longer the conflict persists, the stronger the case for a bullish outlook on gold." (Jin10)