ANZ: Geopolitical Risks Intensify, Gold Remains in a Favorable Position
PANews, March 1st – According to Jinse Finance, ANZ analyst Soni Kumari stated that gold will initially see a positive reaction tomorrow; however, as events unfold, there may be some intraday pullbacks. But our overall view remains unchanged—we are still bullish on gold. This year's geopolitical situation is very different, with tensions being much more intense. There could be further macro impacts following this Iranian attack, especially if oil prices rise sharply.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Wellington opens: New Zealand stock market opens 1% lower
The cryptocurrency market surged and then retreated on Sunday.
