Gold Reaches Record High While Dollar Weakens Amid Trump’s Fed Critique
Gold hit a record high recently, coinciding with dollar weakness as President Trump ramped up his criticism of Federal Reserve Chair Jerome Powell. This has instigated profound uncertainties in U.S. markets, leading to a downturn in major indexes, primarily driven by tech stocks.
On April 21, markets closed lower as investors reacted to Trump’s comments about the central bank’s independence. This ongoing discourse heavily influences trading sentiment within the financial community.
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