Analyst: Gold to Re-Emerge as Key Safe Haven Asset

BlockBeats News, March 1st, KCM Trade Chief Market Analyst Tim Waterer stated that at the market open on Monday, the demand for gold may be higher than usual. Considering the potential duration of the conflict, which other countries may be involved, inflation concerns, and other risks, it is expected that gold will once again take on the role of the preferred safe-haven asset. The stock market and other risk assets may face selling pressure as investors seek the best refuge, with gold likely at the top of that list. (FX678)