KUALA LUMPUR: Falling international gold prices and ongoing uncertainty in global financial markets are prompting questions about the outlook for Malaysia’s gold market, particularly as investors reassess their holdings amid a sharp sell-off in China’s technology sector.

China’s artificial intelligence (AI) stocks have come under heavy selling pressure, with the STAR 50 index falling about 40% in less than four months, wiping out an estimated US$480 billion (RM1.95 trillion) in market value, according to Reuters.

The sell-off has fuelled concerns over stretched valuations, speculative investment and whether the massive sums poured into AI infrastructure will eventually generate sufficient returns.