Gold prices started the week with a decline in Asia and entered Europe. Driven by dovish global central bank policies, geopolitical risks and stubborn inflation, said Alex Chiu, senior strategist at Value Partners.
Strong investment flows, resilient Asian consumer demand and continued central bank buying are likely to offset potential headwinds from an aggressive shift in US monetary policy. With the macroeconomic outlook clouded by recession risks and policy uncertainty, gold's appeal as a safe haven and inflation hedge will maintain its upside through 2025 and beyond, he added.
Source: Newsmaker.id
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