Gold's recent dip reflects easing tensions in the Middle East, which dampens safe-haven demand. However, new trade tariffs from Trump may reignite investor concerns about market risks.
The upcoming Federal Reserve meeting minutes are crucial as sentiments about a December rate cut are mixed. The timing and implications could significantly impact gold prices.
While immediate pressure on gold comes from a robust dollar and high treasury yields, an escalation in trade tensions could shift investor behavior towards safe-haven assets.
Scott Bessent's nomination as Treasury Secretary suggests a potential for flexible trade policies, yet the administration's approach remains uncertain, keeping investors cautious.
Collection
[
|
...
]