Institutions: Global central banks will continue to increase their holdings, and gold still has room for appreciation this year.
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```htmlGolden Ten Data reported on June 26 that Guy Adami, co-founder of RiskReversal Media and trader on "Fast Money," stated that despite facing a series of headwinds, gold is not out of the game yet. There are rumors that central banks may have sold gold at the start of the war, though there is no definitive evidence, but such speculation does exist. In a world where Micron's market capitalization surged by 130 billion dollars after hours, people may ask why they should buy gold now. “I still think inflation is an issue, and interest rates will rise. I understand the headwinds brought by the dollar, but at some point, I believe everything will reverse and gold will regain favor,” Adami added. He pointed out that gold has currently fallen about 24% from its historical high, and saying gold will soon usher in a new wave of gains simply does not make sense. However, he still believes that global central banks will continue to increase their holdings, and that gold has an opportunity in the remainder of this year.```
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