The prospect of a Trump victory in November could push investors around the world into the yellow metal, while both gold and silver prices stand to benefit from tariffs and trade disputes, according to precious metals analysts at Heraeus. In their latest precious metals report, Heraeus suggested that the economic policies of a second Trump administration could drive global investors into gold. “The upcoming 5 November presidential election will set the United States on two fundamentally different paths, depending on the outcome,” the analysts wrote. “The more unpredictable former president and current Republican candidate, Donald Trump, may introduce several economic policies that could lead to significant market shocks, geopolitical risks and rising inflation. Trump currently maintains an edge over Biden in the polls – 46.9% vs. 45.0%.”
https://www.kitco.com/news/article/2024-07-02/trump-20-could-drive-global-investors-gold-both-silver-and-gold-prices-will
https://www.kitco.com/news/article/2024-07-02/trump-20-could-drive-global-investors-gold-both-silver-and-gold-prices-will
The prospect of a Trump victory in November could push investors around the world into the yellow metal, while both gold and silver prices stand to benefit from tariffs and trade disputes, according to precious metals analysts at Heraeus. In their latest precious metals report, Heraeus suggested that the economic policies of a second Trump administration could drive global investors into gold. “The upcoming 5 November presidential election will set the United States on two fundamentally different paths, depending on the outcome,” the analysts wrote. “The more unpredictable former president and current Republican candidate, Donald Trump, may introduce several economic policies that could lead to significant market shocks, geopolitical risks and rising inflation. Trump currently maintains an edge over Biden in the polls – 46.9% vs. 45.0%.”
https://www.kitco.com/news/article/2024-07-02/trump-20-could-drive-global-investors-gold-both-silver-and-gold-prices-will
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