Will Commodities Proceed Their Reign as The Finest-Performing Asset Class in 2025?…
Gold Costs Surge Amid Trump Uncertainty & Commerce Warfare Fears
Collectively, the Commodity markets didn’t simply make new highs in 2024, however skyrocketed increased as sentiment continued to show more and more extra bullish.
That’s a tell-tale signal that this rally is simply getting began and the bullish momentum is certainly set to proceed all through 2025.
In reality, the early indicators already look promising with Gold as soon as once more proving its standing because the world’s favorite go-to protected haven in occasions of escalating monetary and geopolitical uncertainties.
On Friday, Gold costs surged inside hanging distance of $2,700 an oz. to achieve their highest degree since November 2024 and lengthening features for the fourth straight day.
With simply over every week to go till Donald Trump returns to the White Home because the 47th President of the USA uncertainty surrounding his America-First insurance policies have continued to gasoline demand for the safe-haven metallic.
President-elect Donald Trump will take workplace on January 20 and has vowed to implement a 60% tariff on U.S imports from China and a common baseline 10% tariff on imports from all different international locations. Such tariffs might ignite world commerce wars, driving up shopper costs and in the end resulting in increased inflation. And that’s an atmosphere the place Gold actually thrives!
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