Threat of Tariffs Is Driving Gains for Gold
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The threat of tariffs imposed by President Trump on Canada and Mexico is driving investors towards gold, potentially increasing demand for the precious metal.
February 04, 2025 | 3:15 pm
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SGDM, a gold miners ETF, may see increased interest as tariffs drive investors towards gold, potentially boosting its value.
The article suggests that tariffs are pushing investors towards gold, which could increase demand for gold-related ETFs like SGDM. This increased demand may lead to a short-term price increase for SGDM.
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