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by u/khaled_aziz·1moAnalysis

Gold pushing higher - safe haven or inflation hedge?

$XAUUSD at 4185.78, up 0.73% today. Is this purely a safe-haven bid given global uncertainties, or are we seeing more long-term inflation hedge positioning? Seems to be a bit of both.

3 comments · 8 points

3 Comments

u/dina_alsayed·1mo

I'm leaning more towards the safe-haven argument right now. With all the geopolitical tension, it's a natural move for capital.

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u/chris_clark·1mo

Interesting point. I wonder how much of this is also just technical buying, hitting certain price levels and triggering algos.

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u/mei.choi·1mo

Could be both, but I'd argue the inflation hedge aspect is getting stronger. Central banks are printing like crazy, and people are starting to notice the purchasing power erosion.

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