[Analyst: Gold can rise only if safe-haven sentiment strengthens amid Middle East tensions] Odaily Planet Daily News - Carsten Menke, head of research at Julius Baer, stated that under the tense situation in the Middle East, gold can truly shine only if financial markets exhibit more pronounced safe-haven sentiment. He pointed out that gold prices have been influenced by the rebound of the U.S. dollar and the rise in U.S. bond yields because the previous significant increase in gold prices was largely based on expectations of dollar depreciation. He added that those betting on gold prices rising due to dollar depreciation have been in the wrong trading position since the onset of the war. Julius Baer continues to maintain its optimistic stance on gold and neutral stance on silver. (Jin10)