In his campaign, Trump promised he would make it costly for countries to move away from the US dollar, and has threatened to use tariffs to ensure they complied.
Costa believes that a potential global monetary reset, coupled with a weakening US dollar and rising inflation, could significantly boost the value of these precious metals
Trump 2.0 may shift the U.S. to manufacturing, weaken the dollar, embrace protectionism, and rely on gold as trust in bonds erodes, reshaping global trade and economic priorities.
Strategist says gold’s weakened performance could be traders participating in ‘crypto frenzy’ since Trump’s election
Economists are seeing a new U.S. dollar decline factor that could account for gold's recent surge – and they don’t see it stopping soon.
Overseas gold prices show smaller losses after Donald Trump wins U.S. presidency
The BRICS alliance has been increasingly releasing anti-U.S. dollar rhetoric that appears to be a coordinated effort by the economic block to dethrone the dollar as the world’s reserve.
Another day, another all-time high for the yellow metal; price surpasses $2,760 in Tuesday trading.
President Vladimir Putin is keen to build up BRICS - which has expanded to include Egypt, Ethiopia, Iran and the United Arab Emirates as well as Brazil, Russia, India, China and South Africa.
Gold prices show strength by trading flat amid dollar rally while some investors get skittish of momentum change