Gold's Glitter Still Gleaming? 🧐🇺🇸
Is the impact of US tariffs on gold just a minor blip? 🤔 According to Julius Baer's Carsten Menke, the answer is likely yes! 😮 While tariffs might disrupt physical gold flow, the effect on prices is expected to be minimal. "Will the tariffs truly impact gold prices?" 🤔
Julius Baer remains bullish, predicting strong safe-haven demand, central bank buying, and a weaker USD. 💰 Spot gold currently down 1.15% at $3,359.95/oz. 📉
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Source: Dow Jones Newswires