Gold concept
Gold, as a precious metal widely recognized worldwide since ancient times, has always been recognized to be anti-inflationary and stable in value. After Trump's victory, there was a wave of related concept market, but as his inauguration ceremony approached, the market gradually responded to the volatility that Trump's administration might cause. Investors are anxious about Trump's tariff plan, which has increased the safe-haven demand for gold. At the same time, geopolitical tensions, such as Canada's response to tariff threats, the attack on US aircraft carriers by the Houthi armed forces in Yemen, and the Biden administration's sanctions on Russia's oil and gas industry, have provided support for gold prices. In terms of market sentiment, according to a Kitco News survey, 51% of retail investors expect gold to outperform other metals this year. At present, the gold market is full of uncertainty, and investors are closely watching the impact of various news on the trend of gold prices. In addition, in response to Trump's tough confrontational policy, the People's Bank of China has been increasing its gold reserves, especially in the second month after Trump's election, and continued to purchase more gold.
RF Trend Master
Gold concept
Gold, as a precious metal widely recognized worldwide since ancient times, has always been recognized to be anti-inflationary and stable in value. After Trump's victory, there was a wave of related concept market, but as his inauguration ceremony approached, the market gradually responded to the volatility that Trump's administration might cause. Investors are anxious about Trump's tariff plan, which has increased the safe-haven demand for gold. At the same time, geopolitical tensions, such as Canada's response to tariff threats, the attack on US aircraft carriers by the Houthi armed forces in Yemen, and the Biden administration's sanctions on Russia's oil and gas industry, have provided support for gold prices. In terms of market sentiment, according to a Kitco News survey, 51% of retail investors expect gold to outperform other metals this year. At present, the gold market is full of uncertainty, and investors are closely watching the impact of various news on the trend of gold prices. In addition, in response to Trump's tough confrontational policy, the People's Bank of China has been increasing its gold reserves, especially in the second month after Trump's election, and continued to purchase more gold.
RF Trend Master
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