INSUBCONTINENT EXCLUSIVE:
The gold market experienced a downturn on Monday, December 2, 2024, as the United States dollar gained strength
Trump declared his intention to impose a 100% tariff on Brics countries
He aims to prevent them from replacing the United States dollar in trade.This threat rattled markets and impacted gold prices
He warned that the United States would not stand idle if Brics tried to create a new currency
(Photo Internet reproduction)However, geopolitical tensions are providing some support for gold prices
Investors often view gold as a safe haven during uncertain times
They believe stronger demand from China and fiscal concerns will outweigh other factors
struggle for economic dominance between nations
