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Gold Higher As US Dollar Falls Amidst Delayed Trade Tariffs
Gold prices have been among the key beneficiaries over the first 48 hours of Trump returning to office. With the US Dollar down from recent highs, gold prices have broken out above prior resistance with focus now on a return to all-time highs in coming session. Growing uncertainty and subsequent safe-haven demand are also helping drive gold prices higher here as the world watches with trepidation as Trump signs a slew of executive orders. Early policy changes include pulling out of the Paris climate agreement, withdrawing from the WHO, ceasing foreign aid and blocking Biden’s immigration app at the Mexico/US ... (full story)
