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UBS analyst Joni Teves stated in a report that the price of gold may be under pressure in the short term, but the long-term outlook remains optimistic. She mentioned that concerns about the independence of the Federal Reserve, escalating geopolitical tensions, and broader political uncertainties are supporting the price of this precious metal. However, although the medium to long-term risks for gold are still leaning upwards, this precious metal expert currently leans towards a wait-and-see approach. "We believe that the short-term price trend has shown signs of overheating and the mid-term correction risk is rising."