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Analyst: The cost of holding gold is becoming increasingly high

Source: flash.jin10.com Event types: Financing/Fundraising Marketing/Whale
Stronger-than-expected U.S. nonfarm payroll data for May triggered market concerns about a potential Federal Reserve interest-rate hike this year. This Friday, previously overcrowded and highly valued U.S. AI and tech stocks suffered sharp losses, while gold and silver prices also plunged dramatically.