[Asian Tech Stocks Plunge, Some Investors 'Sell Gold to Cover Losses'] According to Golden Finance, on June 26, under the dual pressure of a stronger U.S. dollar and market expectations that the Federal Reserve will adopt more hawkish policies to curb inflation, spot gold is set to decline for the fourth consecutive week this week—marking the longest losing streak since August 2023. On Friday, Asian tech stocks fell again, with continued volatility further pressuring some investors to sell gold to offset losses in other assets within their portfolios.