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Gold Rises as U.S. Levies Tariffs on Largest Trading Partners
USA's rush for Gold has created an 'economic panic'?
Goldman Sachs pointed out that in January, the gold import amount was about 25 billion USD, almost accounting for the entire expansion of the USA trade deficit of 31 billion USD, which has a significant distorting effect on trade data and leads the market to be not bullish on the first quarter GDP growth. Moreover, this portion of imports is usually excluded from GDP calculations, so there is no need for the market to be overly pessimistic.
Investors in TRX Gold (TSE:TRX) Have Unfortunately Lost 39% Over the Last Five Years
Gold Stocks Glitter as Worries Around Inflation, Tariffs Flare
The 3 'Regimes' in Which Gold Can Outperform
Gold Eases From Record With Rate Hope, Haven Demand in Spotlight
