This reminds me of what happened during Malaysia’s MCO back in March 2020, when then Health Minister Datuk Seri Dr Adham Baba claimed that drinking warm water could flush the virus into your stomach, where stomach acid would kill it. Alamakkkk

News: https://weirdkaya.com/we-send-oxygen-too-indonesia-defends-itself-amid-haze-complaints-from-msia-spore/

I've been reading news from Business Times, which indicates several factors that suggest gold is not performing well. I can't quite get the first point below. I chatted with ChatGPT; it suggests the reporter might have written it wrongly.

Why gold prices have come off all-time highs

Factors behind the yellow metal’s recent slump can be narrowed down to the following points: 

• A strengthening US dollar causes gold prices to rise on a whole. It costs foreign investors more to hold the metal now, which compresses global demand.
• Prolonged war in the Middle East has caused oil and energy prices to rise again. These spikes hurt gold in the short-term, amid higher global inflation and interest rate expectations.
• Rate hike concerns are now mounting. This inevitably weighs on major commodity prices like that of gold as a non-yielding asset. If yields in fixed-income assets rise, the relative case for holding the precious metal declines.

News from The Business Times