Trump, Gold
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Newsweek |
Gold is seen as a safe haven asset and a reliable store of value during economic turbulence.
Reuters |
U.S. stock index futures sank on Thursday after President Donald Trump's sweeping tariffs against its trading partners heightened fears of an all-out trade war that could push the global economy into...
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Markets around the world continue to sink on fears about President Donald Trump's protectionist trade policies, and investors keep plowing money into gold, with futures hitting another record high.
The supply-demand picture doesn't look supportive for gold to keep rallying over the next few years. The metal has hit a record high in 2025.
Jittery investors flocked to safe-haven assets on Thursday and pushed gold to a record high after U.S. President Donald Trump unleashed more aggressive-than-expected import tariffs, kicking into higher gear an already heated global trade war.
Bullion hit a new high on Monday — and some analysts think rising demand and uncertainty mean prices could go as high as $3,500 an ounce this year.
"Emerging market central banks currently hold around 10% of their assets in gold. They should really hold 30% of their assets in gold," said BofA commodity strategist Michael Widmer.
Gold prices eased on Tuesday on profit-taking but remained near record highs as investors turned to the safe-haven asset ahead of President Donald Trump's planned announcement of sweeping tariffs on countries that have a trade imbalance with the U.
It's important to carefully evaluate the moves you're making now that the price of gold is sitting at a new high.
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Sciencing on MSNThe Staggering Price Tag Of The World's Largest Gold DepositGold is one of the most precious and sought after materials known to humanity, which makes the size of this discovery all the more astounding.
Amid escalating global trade tensions, gold prices have soared to record highs, with spot prices reaching $3,164 per ounce. Investors are increasingly turning to gold as a safe-haven asset, as tariffs from Trump’s administration create uncertainty in markets.
With people calling for an audit of the US gold stores at Fort Knox, perhaps we should remember how that gold got there in the first place. Franklin Roosevelt‘s