Reported about 6 hours ago
The looming possibility of President-elect Donald Trump's universal import tariffs has triggered significant disruption in the global gold and silver markets, leading to a historic surge in bullion demand in London. Lease rates for precious metals have soared as investors scramble to secure supplies before potential tariffs are enacted, raising concerns over scarcity in available metals. Analysts predict that these developments could lead to explosive price increases in both gold and silver, especially amidst tightening supplies and market dislocations.
Source: YAHOO