Volatility in the market seeks safe-haven assets, public offerings actively position in the gold sector.
Since the beginning of the year, the significant rise in the price of gold has driven up the stock prices of gold mining companies, leading to a surge in the net asset value of funds heavily invested in these companies. At the same time, gold-related ETFs have also seen growth in performance and assets under management. At this current point in time, many fund managers believe that despite the recent pullback in gold prices, gold still has significant allocation value as a safe haven asset in the face of various global uncertainties.
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