Gold is at the mercy of Trump, China and king Dollar
Tue, Nov 19, 2024 5:48 PM

Gold is at the mercy of Trump, China and king Dollar

A Flip by Avya Verma
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Typically, the best cure for high prices is simply higher prices, a lesson gold is learning the hard way. Since the prospect of a second Donald Trump presidency became a reality, the shiny pet rock has been hit by a double whammy. A decline of $220 per troy ounce, or 8%, since the end of October may seem minor in the context of it still being up more than 25% this year.

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