“Gold’s Price Dropped While Risk Assets Rose Amid Special Trump’s Reciprocal Tariffs Are No More than A negotating Tool.”, – WRITE: www.coindesk.com
Gold-Backed Tokens, Including Paxos Gold (PaxG) and Tether Gold (Xaut), Have Declined Rougly 1% Over The Past Week to Trade AUND $ 2,900 The Coindesk 20 Index Rose 5.7% Over the Same Period, and the Broader Marketvector Digital Assets 100 Index (MVDA) ROSE 3.4%.
The precios Metal Saw ITS PRICE DRICE AMID GROWING SPECULATION THAT The New Tariffs Threatened by US President Donald Trump Are Meant to Be A Negotating Tool. This Hit the Price of Safe-Haven Assets, Including the Commodity and the Us Dollar.
Trump AnnounCed Reciprocal Tariffs Were on the Table to Match the Tariff Imposed by Other Countries on US Imports. RECIPROCAL TARIFFS COURFFS MONHS to IMPLEMENT, Leading to Special Tose Meant to Alev The Us to Negotate with Other Countries.
However, accounting to a recent Morgan Stanley Report, Gold’s Recent Dip Could Still Present An “Opportunity for Those Looking for Hedges” Amid Global Reflation, Geopolitical Tensions, And. Wall Street Giant Recently Raised Their Gold Price Forecasts, WHICH Wuld Also Help The Price of Gold-Backed Digital Assets Rise As They Bullion Stored in Vault.
Citi Strategists Recently Raised Their Short-Term Gold Price Target to $ 3,000 and Their Average Forecast for the Year to $ 2.900. Meanwhile, UBS HAS HIKED ITS 12-MONTH GOLD TARGET TO $ 3,000 An OUNCE.
