Goldman Sachs has warned that gold prices could surge to $5000/oz if the Trump administration succeeds in undermining the independence of the U.S. Federal Reserve.Â
A politicized Fed is seen as likely to cut rates extremely aggressively (Treasury Secretory Scott Bessent and Trump have called for an interest rate of 1.5% and 1.0%, respectively) to stimulate short-term growth, raising the risk of higher inflation. Â
Such a move could drive investors away from traditional safe havens like the U.S. dollar and government bonds. In a report released this week, Goldman noted that if just 1% of the privately held U.S. Treasury market shifted into gold, prices could rise by about 40% from current levels.Â
Per conoscere la data e l’ora esatta di questi importanti eventi economici, importa il BlackBull Markets Calendario Economico per ricevere avvisi direttamente nella tua casella di posta elettronica.
Trading involves risk and may not be suitable for all investors. The information provided in this article is for educational purposes only and does not constitute financial advice. Always conduct thorough research and seek professional advice before making any investment decisions.
