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Gold Forecast: Tepid Trump Tariff Talk Has Bulls Eyeing Record High
We’re just over 24 hours into President Donald Trump’s second term as US president, and traders are still trying to remember how to navigate the relentless stream of headlines that drive markets under the real-estate-mogul-turned-politician. To boil it down simply, traders are focused on the potential for aggressive tariffs and a potential trade war first and foremost, and on that front, there are early signs that Trump 2.0 trade policies may be less aggressive than feared. The President refrained from issuing new tariffs on “Day 1” despite campaign promises, and the wording of today’s much-ballyhooed ... (full story)