In a surprising market maneuver, gold prices have seen a downward trend since the re-election of President Trump. This divergence from the historical pattern of gold soaring high during times of political uncertainty can be chalked up to several factors. One primary reason could be Trump’s policies favoring industrial growth and business expansion, leading to a strong stock market performance, thereby reducing the charm of gold as a safe haven. Another factor could be the Federal Reserve’s stance on interest levels, which could impact the dollar’s strength and, therefore, affect gold prices. This article aims to delve deeper into these reasons and offer a comprehensive understanding of the current gold market scenario. Read More
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