Election Aftermath: Trump Victory Pressures Gold, but Bullish Outlook Remains

24.11.06 News

Gold prices fell following Donald Trump’s decisive election victory, primarily due to a strengthening US dollar making bullion more expensive for many buyers. While the immediate impact was negative for gold, analysts predict a potentially bullish long-term outlook under Trump’s presidency, citing factors such as inflationary pressures and potential trade tensions with China.

Share This Article

Choose Your Platform: Facebook Twitter Linkedin