Amiya base.eth pfp

Amiya base.eth

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πŸ“ˆ Why Is Gold Surging Now? Trade Tensions Escalate Recent tariff threats by President Trump, including a proposed 50% tariff on EU imports and 25% on Apple iPhones, have unsettled markets, prompting investors to seek refuge in gold. Central Bank Gold Purchases Central banks worldwide have intensified gold buying to diversify reserves and reduce reliance on the U.S. dollar, contributing to increased demand. Safe-Haven Demand Amid Uncertainty Ongoing geopolitical conflicts and economic uncertainties have heightened gold's appeal as a safe-haven asset. Strong Demand from Emerging Markets Countries like China and India continue to exhibit robust demand for gold, supporting its price despite global economic challenges. Speculative Investments and Market Sentiment Investor sentiment, influenced by predictions of gold reaching new highs, has led to increased speculative investments in gold.
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