Investors chase gold and silver, avoid the US dollar and US Treasury bonds
ChainCatcher news, according to Golden Ten Data, gold expanded its gains to a record high during the Asian trading session amid increasing potential investment demand. Swissquote Bank analyst Ipek Ozkardeskaya stated that investors are avoiding the US dollar and US Treasuries. The rise in precious metals such as gold and silver is not just a matter of short-term allocation; trend followers are taking the initiative, and the trend is very positive.
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.
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