As Donald Trump retakes the presidential office, the Commodity Exchange, Inc. (Comex) is experiencing a surge in gold stockpiles. This sudden increase is linked with Trump’s well-known stance on imposing trade tariffs, a factor that typically boosts gold as a safe haven asset.
The lease rates on these massive stockpiles have taken a jump, presenting potentially lucrative opportunities for investors who are willing to take on the risk. However, these forceful market forces also bring with them a degree of instability and conjecture.
It remains to be seen how these dynamics will play out across global market platforms. One thing is clear, the return of ‘Trade Tariff Trump’ promises a tumultuous yet exciting time in the world of commodities trading. Read More
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