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On March 1st, according to Jinshi, Ole Hansen, Head of Commodity Strategy at Saxo Bank, stated that there is no doubt that the US-Israeli military action against Iran is a worrying escalation that will prompt investors to flock to the precious metals and energy sectors.
The extent of the impact is uncertain, but given last week's momentum, I wouldn't be surprised if gold hits a new all-time high.
[PANews]#DeepCreationCamp