Business

Gold breaks above $4,100. The market is playing to Trump's tariffs

The center of attention was Donald Trump's suggestion that Americans could receive a “dividend of at least $2,000 per person”, which, as Treasury Secretary Scott Bessent clarified, could be included in the tax relief formula. For the market, this is a signal that the tax authorities can again boost the economic situation, regardless of the fact that inflation still remains above the target.

“The president's comments about potential tariff-related rebates show how broad fiscal ideas are becoming today,” Daniela Hathorn, senior analyst at Capital.com, told Yahoo Finance. In her opinion, it's a classic environment run-it-hotin which governments increase spending despite persistent inflation, a The renewed interest in gold suggests that investors are hedging themselves in the event of even higher price dynamics and renewed political uncertainty.

Ashley Davis

I’m Ashley Davis as an editor, I’m committed to upholding the highest standards of integrity and accuracy in every piece we publish. My work is driven by curiosity, a passion for truth, and a belief that journalism plays a crucial role in shaping public discourse. I strive to tell stories that not only inform but also inspire action and conversation.

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