From Barchart: 2024-11-27 04:54:38

Bank of America (BoFA) warns that Trump’s policies may reduce gold’s appeal as an investment. Historical safe-haven status of gold could be impacted by economic expansion and fiscal stability measures.

Fiscal policies and tax changes could lessen gold’s attractiveness. Current stable gold prices may face downward pressure due to decreased demand. Diversification and monitoring market trends are advised.

Tools like the Commodities API and Economic Calendar can help investors track real-time price updates and global events impacting gold markets. Shifting policy dynamics challenge gold’s traditional role in portfolios, requiring careful evaluation of market conditions for informed decision-making.



Read more at Barchart:: Trump Policy Actions Could Limit Investor Appetite…