Odaily Planet Daily News According to SP Angel analysts, the price of gold fell after Republican candidate Trump won the US presidential election. The analyst stated that the rise in the US dollar and US bonds due to the election results weakened the attractiveness of gold, reflecting market concerns about the inflationary policies that the Trump administration may implement. Trump has previously discussed plans to reduce immigration, impose tariffs extensively, and reduce taxes, all of which could push up inflation. SP Angel added that gold buyers may also be preparing for a more intense election, but the Republican sweep may have led to dumping of such positions. (Jin Shi)
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Trump'un zaferi enflasyon endişeleri getiriyor, altın fiyatları düşüyor
Odaily Planet Daily News According to SP Angel analysts, the price of gold fell after Republican candidate Trump won the US presidential election. The analyst stated that the rise in the US dollar and US bonds due to the election results weakened the attractiveness of gold, reflecting market concerns about the inflationary policies that the Trump administration may implement. Trump has previously discussed plans to reduce immigration, impose tariffs extensively, and reduce taxes, all of which could push up inflation. SP Angel added that gold buyers may also be preparing for a more intense election, but the Republican sweep may have led to dumping of such positions. (Jin Shi)