JPMorgan: The longer the conflict lasts, the stronger the case for being bullish on gold.

According to Golden Ten Data on March 25, JPMorgan stated in a report: "Although the price of gold has fallen by about 17% from the January peak before the conflict, amid a stronger US dollar and widespread risk aversion in the market, historically this has only been a short-term pullback awaiting buying opportunities. Moreover, the longer the conflict continues, the stronger the bullish case becomes."