Gold Shines Despite Strong US Dollar As Demand For The Safe Haven Metal Stays Strong

Описание: 2024 has been a year that's seen gold touch all-time highs. The yellow metal has been on a golden run despite the dollar strengthening following Donald Trump's victory in the recent US elections.

David Tait, CEO of the World Gold Council, attributes gold's resilience to the anticipated debt burden from Trump's policies, which could lead to inflation and steepen yield curves.

Tait said, "I do believe that the amount of debt that's going to be piled on the US economy and perhaps those of Europe and the rest of the world as well is the thing that really underlies the underlying strength of gold.

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