The inflationary recession and geopolitical tensions support renewable demand for gold

An economic report said: The inflationary recession and geopolitical tensions support the renewed demand for gold, amid a state of tension in the global financial markets.
The report added that the global financial markets are witnessing a state of technical and moral tension in conjunction with the application of Trump fees, and speculation is being circulated that the possibility of declaring dramatic statements in a letter scheduled to be delivered later today.

Increased speculation

The report explained that with the recent moves in the American stock and the dollar market – which witnessed weakness instead of height – it seems that there is increasing speculation that we may witness the beginning of the end of the American exceptional, with the flow of capital from American stocks that are priced towards other regions.
He added: “It seems that Europe is ready to start a huge financial expansion, which makes it an increasingly attractive investment.”
According to the report, at the same time, a series of weak economic reports and the application of American drawings against major commercial partners continue to pressure Wall Street.
He stated that in the last sessions, stocks, bond returns and dollars decreased, while gold rose.

The yellow metal resumed its upward course after a relatively superficial correction that was unable to challenge the main support levels, and is currently trading over the level of $ 2,900, while traders put their eyes again at the psychological level of $ 3,000.
The report stated that, away from geopolitical tensions and the possibility of the collapse of the world that has continued for generations, traders and investors interact with the sharp and sudden deterioration in American economic data. This has increased pricing of the risk of stagnation – a period of low economic growth, high unemployment rates and increased inflation.

Future indicators indicate the possibility of embodying these developments in the coming months.
He pointed out that with the fact that this is in mind, the expectation remains in favor of gold, especially given the limited depth of the last correction, which indicates a strong demand despite the pressure of sales from technical traders.
According to the report, in addition to diversifying the portfolio and demanding safe havens, gold is likely to continue to take advantage of the purchase of central banks and concerns related to financial debts. With the dollar gradually declining, the level of another major technical support for gold may soon collapse, while the risk of slowing economic activity raised the expected number of interest rates by 25 basis points this year to more than three reductions, compared to the lowest level recorded in January, which is one reduction.

Immediate gold is circulating with an increase of 11% since the beginning of the year, with the annual gain approaching 38%, and while the path is not in line – the exception of the wave of manipulation in the digital currencies by Trump – the report confirms the goal that was recently raised to 3,300 dollars.
He explained that during the last correction attempt, gold was able to apostasy before reaching the level of Fibonacci 0.382 at $ 2,813, as well as the peak of 2024 at $ 2,790.
The report issued by “Saksu Bank” indicated that the statements that indicate that: “Investors must have filled their gold bath now,” while supporting the momentum and the strength of the purchase price, activities appear through the traded investment funds and the futures market market on the Comics Stock Exchange.
The report said that while the demand for gold -backed boxes increased during the past month, the total biases remain at 85.8 million ounces without the peak that they recorded in 2022 at 107 million ounces.
Meanwhile, the well -known speculators in the futures market were recently from the pure sellers, and in the week ending February 25, they kept long net centers of 26.7 million ounces, and it is within the range that was seen during the past ten months.