Asian tech stocks plunge, some investors "sell gold to cover losses"

```htmlJinse Finance reported that on June 26, under the dual pressure of a strengthening US dollar and market expectations that the Federal Reserve will adopt a more hawkish policy to curb inflation, spot gold is set to decline for four consecutive weeks this week—the longest losing streak since August 2023. On Friday, Asian technology stocks fell again, with volatility persisting, which further pressured some investors to sell gold to offset losses in other assets in their portfolios.```