Gold has been creeping up for weeks now, so it's not new. It's not because they're anticipating the US dollar to fall (or even collapse) but to rise. And with that inflation to be suck high or creep higher, meaning US Fed rate will not be cut as much any more as in the last few recent rounds. Gold price rise is a hedge against Trumpian uncertainty.
Gold has already started going up again.
Gold has been creeping up for weeks now, so it's not new. It's not because they're anticipating the US dollar to fall (or even collapse) but to rise. And with that inflation to be suck high or creep higher, meaning US Fed rate will not be cut as much any more as in the last few recent rounds. Gold price rise is a hedge against Trumpian uncertainty.
Yes. I wouldn’t say for weeks. Since the beginning of the new year. It fell after th election somewhat.
Fantastic. Thanks for this writing.