Market Analysis: Gold Erases $1.75 Trillion
The bearish turn the market took in the last two weeks shifted investors’ sentiment into extreme “risk aversion”.
This risk-off sentiment can be attributed to escalations in the U.S.-China trade war. Trump’s new tariffs on China can have a major impact on markets worldwide, with the potential to disrupt supply chains, dampen investor confidence, and trigger inflationary costs due to higher input prices on imported goods.
And where do investors go when they want to protect funds? Not the stock market nor crypto—not even fiat. Gold once again became the preferred asset to safeguard investments against volatility, and its recent performance showed.
Over the past two weeks, Gold hit new all-time highs on multiple…
