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Sheng Bao Bank: Next year, the gold price may remain strong
Jinshi data news on December 18th, Ole Hansen, head of commodity strategy at Shengbao Bank, said that after experiencing a record pump this year and the best annual return since 2010, the gold price may remain strong in 2025. Hansen stated in a report that investors are increasingly turning to defense before the end of the year to protect and lock in profits. However, Hansen expressed optimism about the gold outlook for 2025 at Shengbao Bank, as the uncertain world is driving demand from central banks and investors. Hansen added that fiscal instability, unstable inflation, geopolitical concerns, and the imbalance of the US stock market may further drive up the prices of safe-haven assets next year.