As of Thursday, 23rd January 2025, the price of gold marginally increased as the dollar weakened. The shift in gold prices is notably influenced by the policies set by the then U.S. President Donald Trump. This comes at a time when the financial markets are keenly watching the economic strategies and foreign policies introduced under Trump’s administration.
The rise in the value of gold is inversely proportional to the strength of the dollar. As the dollar eases, investors often turn to gold as a safer investment. Stay connected for more updates on the geopolitical and global economic dynamics that influence the gold market. Read More
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