Analyst: Investors may withdraw from government bonds, leading to higher gold prices.

GoldenOctober2024

2025-05-22 01:44:15

Gold edged higher in early Asian trading on May 22 as investors may shift from Treasury bonds to precious metals. Fawad Razaqzada, a market analyst at City Index and FOREX.com, said that global bond markets are swinging and traditional safe-haven assets such as gold are regaining their place. Concerns about the U.S. fiscal outlook are also growing. All else being equal, this should mean that there will be a higher demand for safe-haven assets.

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GateUser-28b71f81

· 05-22 02:58

Hold on tight, we're about to To da moon 🛫

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