PRECIOUS METALS | Gold Demand Expected to Rise Amid Geopolitical Tensions

Gold demand is anticipated to increase as markets open on Monday, according to Tim Waterer, Chief Market Analyst at KCM Trade. According to Jin10, Waterer suggests that ongoing conflicts, potential involvement of other countries, and inflation concerns are likely to position gold as a preferred safe-haven asset. As a result, equities and other risk assets may face sell-offs, with investors seeking optimal places to allocate their funds, placing gold at the top of their list.