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Trump has long been an advocate for lower interest rates, which could change the dollar’s trajectory over the coming months.
Trump’s policies in his previous term centered on tax cuts, large infrastructure projects, and economic growth through deficit spending.
Lowering interest rates while increasing government spending may lead to an overheated economy, pushing inflation upward.
Historically, periods of deficit-driven expansion have paved the way for gold appreciation as investors seek to hedge against inflation.
Gold’s safe-haven appeal often intensifies in times of geopolitical instability.
One of the primary reasons gold could thrive under Trump’s presidency is his preference for lower interest rates.
Gold, however, remains immune to currency fluctuations, providing a stable store of value regardless of dollar volatility.
Bishop Gold Group is renowned for its dedication to clients, industry insights, and commitment to providing tailored guidance through the complex world of precious metal investing.
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