Gold’s glow fades: Dollar surge and risk appetite dim the rally – Marcus Ashworth
Gold's recent stumble reflects a shifting investment landscape amid the prospect of a second Trump presidency. While still up over 25% this year, gold has dropped 8% since October, pressured by a surging dollar, reduced central bank demand, and a flight to riskier assets. Rising U.S. interest rates and diminishing inflation concerns have dulled gold's allure. Though long-term forecasts remain bullish, gold's path forward hinges on monetary policy and China's evolving economic priorities.
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By Marcus Ashworth ___STEADY_PAYWALL___