Donald Trump’s policy is releasing the financial markets worldwide. He recently attacked the central bank boss Jerome Powell, the US president prefers him to fall. The stock prices are also falling and bonds are also under pressure. But an investment form benefits from the chaos: the golden prize approves the $ 3500 for the first time. But not only Trump is “the fault” of the golden tree …
The golden precious metal is considered a safe haven in uncertain times. This year’s price increase is unique, one record follows the following. The course has increased by more than a third since the beginning of the year. If the historic $ 3,000 marking was broken at the start of the year, the precious metal is now even noted at $ 3500.
The gold price has been increasing for a long time
But what are the reasons for the climb? The fact is that the US president set the Golden Prize before the Donald Trump election. The course began to explode in 2023. The “Kroon” shows what the reasons are that also speak for another rally.
Source: Krone
I’m Ben Stock, a journalist and author at Today Times Live. I specialize in economic news and have been working in the news industry for over five years. My experience spans from local journalism to international business reporting. In my career I’ve had the opportunity to interview some of the world’s leading economists and financial experts, giving me an insight into global trends that is unique among journalists.
