@owenbeckham62
The tension of the global trade war has intensified. Based on past historical experience, when global economic and trade uncertainty increases, it will boost the demand for gold as a safe-haven investment target, thereby increasing the price of gold. However, the recent wave of tariff threats initiated by Trump has pushed up the dollar, and investors favor the dollar and cash. The stronger dollar makes it more expensive for foreign buyers to buy gold from the United States, thereby suppressing demand for gold.
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