Gold Price Hits New Lows Following Trump Treasury Appointment
The gold market reacted sharply to Donald Trump’s recent announcement regarding his choice for U.S. Treasury Secretary. The subsequent drop of over 3% in gold prices raised questions about the future of this precious metal, especially with the Dow hitting record highs. Experts argue this could be a pivotal moment for the U.S. economy. As uncertainty lingers, traders must consider how political changes could affect gold’s trajectory in the coming weeks.
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