Gift of Trump Tariffs & Inflation, Gold and Silver ETF Outflows Cease as Lease Rates Surge

In a surprising turn of events, former President Donald Trump’s tariffs, coupled with rising inflation projections, have given a much-needed fillip to gold prices. In addition, the stop in outflows from gold and silver Exchange-Traded Funds (ETFs) as lease rates surge, has further bolstered these precious metal rates.nn##Trump Tariffs and Inflation Drive GoldnnSince forever, gold has been seen as a safe haven asset, especially in times of political and economic uncertainty. The recent turn of events has only strengthened this status, with Trump’s tariffs and spiraling inflation rates inducing investors to rush towards gold holdings.nnThe mounting inflation projections and uncertainty in global markets appear to push the demand for gold further, putting a stop to the outflows from gold and silver ETFs.nn##Lease Rates ClimbnnThe effect can also be seen in the climbing lease rates, signifying a robust demand for these precious metals. According to Heraeus and data from Kitco NEWS, certain indicators point towards a promising future for gold and silver. Read More