Analysts: Gold appears to be experiencing its most robust bull market in recent years and is expected to continue to be supported by safe-haven demand.

October 16th, according to Jinshi Data, Pepperstone analyst Ahmad Assiri said that gold seems to be experiencing its most robust bull market in recent years. Over the past month, gold has risen by about 15%, with pullbacks of less than 2%, indicating very strong demand from both institutional and retail investors. He pointed out that as market concerns about high valuations in the US stock market increase, and as discussions about potential tech bubbles increase, gold is also becoming a core component of diversified investment portfolios. Assiri said: "While these concerns may be exaggerated, this perception alone supports gold as a safe haven for investor anxiety." [Techflow]