Trump's BRICS tariff threats could support gold as nations flee weaponized U.S. dollar
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The article discusses how former President Trump's threats of tariffs on BRICS nations could lead to increased support for gold as countries move away from the U.S. dollar. This shift could impact gold-related investments.
December 02, 2024 | 5:30 pm
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Trump's tariff threats on BRICS nations could lead to increased demand for gold, potentially benefiting AAAU, a gold-backed ETF.
The article suggests that Trump's tariff threats may cause nations to move away from the U.S. dollar, increasing demand for gold. AAAU, being a gold-backed ETF, could benefit from this increased demand.
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