The gold price reaches new maximum values, and US President Donald Trump plays a central role as a spa driver. How Trump’s economic policy influences precious metal markets and what that means for investors.
A column by Holger Steffen, investment expert and consultant for the Value-Stars Germany index.
Gold demand continued to increase last year, despite the strong price rally, which drove the value of the traded precious metal quantity to a new record high. There is no trend reversal for 2025. The high US interest rates and the strong dollar actually speak against higher gold prices, but this is currently being overcompensated by the effects of the fragile political situation. […]
