1-866-646-8465
Gold4,592.36-59.38
Silver80.46-3.08
Platinum2,006.00-59.15
Palladium1,441.90-26.46
CHARTS
0

Your Cart:

Subtotal: $0.00

Edmund C. Moy

November 19, 2024 Market Insider: Will the Gold Rally Continue Under Trump?

U.S. Money Reserve Logo - Transparent Gold

U.S. Money Reserve

Nov 19, 2024

The price of gold rose 53% under President Trump’s first term. Many of the factors that drove this rally are still in play, such as high geopolitical tensions, easing of monetary policy, and growing central bank demand.

The macro backdrop will likely be favorable for the precious metal as interest rates decline and foreign-reserve diversification continues amid geopolitical tensions, creating a perfect storm for gold.”

—Ewa Manthey, Commodities Strategist, ING

Could gold see a repeat performance during Trump’s second term?

Click on the video link below for exclusive executive insights on this topic from Edmund C. Moy, 38th Director of the U.S. Mint and Senior IRA Strategist for U.S. Money Reserve.

Related headlines from around the web:

  • MarketWatch: “What will happen to the U.S. dollar, deficit, and debt under Trump? Watch gold.”
  • Bloomberg: “Goldman Says ‘Go for Gold’ as Central Banks Buy, Fed Cuts in ‘25″
  • The South China Morning Post: “Will gold gain lustre in wake of Trump’s election win?”

Enhance your portfolio with precious metals today.

Widespread market forces like central bank demand, geopolitical tensions, and monetary policy may continue to drive gold prices higher. Gold has also historically been used as a hedge against economic uncertainty and market turbulence. Now may be the perfect time to add wealth protection to your portfolio in the form of physical gold.

Watch U.S. Money Reserve’s “Market Insider” each week for more economic insights. Nothing herein should be considered as portfolio or retirement advice as U.S. Money Reserve (“USMR”) cannot and does not offer financial advice. Clients should consult a financial advisor for specific advice. This commentary is provided by USMR for informational purposes only and is provided on an “as is” basis without any warranty of any kind, whether express or implied. Your use of the information provided in this commentary is entirely at your own risk. In no event will USMR be held liable for any indirect, special, incidental, or consequential damages arising from the use of information contained in this commentary.

Subscribe

Stay informed about the stories and events moving precious metals markets.

  • This field is for validation purposes and should be left unchanged.

Related Articles

Market Insider: Stagflation Risks Are Rising

Market Insider: Stagflation Risks Are Rising

The Federal Reserve’s Federal Open Market Committee—which shapes monetary policy by setting interest rates—lowered its economic growth forecast on March 19, 2025, while raising its inflation outlook, signaling concerns about stagflation: slowed economic growth paired...

read more
Market Insider: Is the U.S. Economy Headed for a Recession?

Market Insider: Is the U.S. Economy Headed for a Recession?

Economists and analysts are warning that recession risks in the U.S. are increasing. The bond market is also signaling trouble, with Treasury yields reflecting expectations of an economic downturn. “Recession risks are uncomfortably high, and they’re rising.” —Mark...

read more