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Gold poised to rise on tariff risks
Gold futures on Bursa Malaysia Derivatives are expected to maintain their bullish momentum, supported by renewed investor interest in safe-haven assets following the United States tariff deadline on July 9, which has added a layer of uncertainty to the market. Bank Muamalat Malaysia Bhd chief economist Mohd Afzanizam Abdul Rashid said that should the final tariff announcement signal rising trade tensions, gold could attract further buying interest. “Broader concerns over global growth, inflation and geopolitical risks continue to support the precious metal. “Additionally, any signs of weakness in the US dollar or ... (full story)
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- Jul 6, 2025 7:20pm Posted byFundamental Analysis280
