Fitch: Asset Allocation Shift May Increase Downward Pressure on Gold

Deep Tide TechFlow News, March 23 — According to Jin10 Data, Fitch’s research arm BMI reports that factors such as the strengthening of the US dollar and the reduced likelihood of the Federal Reserve easing policy have dominated the current market trend. The shift from safe-haven asset allocation to macro-driven asset allocation may further increase downward pressure on gold.

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