Deutsche Bank: Given the market turmoil caused by tariff policies, gold prices seem to have received good support.

Jin10 data reported on April 11, due to market uncertainties, gold futures prices have risen to historical highs. Analysts at Commerzbank stated in a report that given the market turmoil caused by U.S. tariff policies, gold prices seem to have good support. The bank has raised its end-of-year forecast price for Spot gold from $2,850 to $3,000. In March, fund inflows into gold ETFs were strong, reaching 92 tons, bringing the total fund inflow for the first quarter to a three-year high of 226 tons. The largest inflows were seen in ETFs listed in the United States, although ETFs in Europe and Asia also experienced fund inflows.

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