Institution: The medium-term rise trend of gold seems to be unaffected.

Jin10 data reported on October 30 that Lombard Odier stated that the gold market has continued to strengthen over the past few weeks amid escalating trade tensions, and technical indicators are now showing signs of being Overbought. The institution emphasized that the rise in gold has outpaced the stock and bond markets, adding that the steepening yield curve, uncertainty in fiscal policy, and risks to the Fed's independence may continue to support Central Banks and retail investors in increasing their gold holdings. The bank believes that economic growth slowdown, rate cuts by the Fed leading to a decline in real interest rates, and the recent weakness of the dollar after consolidation may provide further support for gold prices. The bank maintains a positive stance on gold and raises the 12-month target price to $4,600 per ounce.
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haraharivip
· 2025-10-31 12:10
Isn't gold falling?
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