Trump’s tariff plans and their potential economic fallout are driving gold’s strength as a safe-haven asset, with prices reaching record highs. Market uncertainty fueled by steel, aluminum, and Chinese import tariffs, coupled with declining US consumer sentiment and rising inflation expectations, has bolstered gold’s appeal.
economic uncertainty
Continuous Growth in Gold-Backed ETFs: Four Months of Net Gold Inflows
The investment landscape is witnessing a notable trend: Gold-backed exchange-traded funds (ETFs) have reported net gold inflows for the fourth consecutive month. This consistent inflow indicates a rising interest among investors in securing their assets through gold.