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ING: There is still room for further accumulation of gold in the future.

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Jin10 data reported on March 26th that gold futures prices have risen, maintaining levels close to historical highs. Analysts at ING pointed out in a report that President Trump’s unpredictable trade policies have driven uncertainty in trade and the economy, enhancing demand for safe-haven assets. This precious metal has accumulated a rise of nearly 14% since the beginning of the year. Nevertheless, the trading range for gold has been relatively narrow since it set a new historical record. ING stated that as of the first quarter of 2025, gold-backed exchange-traded funds (ETF) have recorded a net inflow of 155 metric tons, bringing the total Holdings to the highest level since September 2023. The group also added that given the current total Holdings is still below the peak levels of 2020, there is still room for further accumulation in the future.

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GateUser-aebd33e2vip
· 03-26 11:21
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