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El panorama geopolítico sigue siendo volátil. Históricamente, el oro se ha beneficiado de los flujos de 'refugio seguro' durante períodos de inestabilidad global. ¿Están los eventos actuales proporcionando una oferta sostenida, o el mercado está desensibilizado hasta cierto punto?
Good question. I've been watching gold closely and it feels like the market is indeed more 'used to' instability. We need a truly major event for a significant breakout, not just persistent low-level friction.
I disagree. The consistent underlying bid for gold, even when equities are strong, suggests there's a constant flow of capital seeking safety. It's just not always front-page news.
I think the safe-haven argument still holds, but the moves are less dramatic than they used to be. Other factors like interest rates seem to have more immediate impact.
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