Analyst: Gold will become the preferred safe-haven asset again

According to Jinshi News, KCM Trade's chief market analyst Tim Waterer stated that demand for gold may be higher than usual when the market opens on Monday.

Given the risks of how long the conflict may last, which other countries may get involved, and inflation concerns, gold is expected to once again take on the role of the preferred safe-haven asset. Stock markets and other risk assets may face sell-offs, and investors will seek the best places to park their funds, with gold likely topping that list.