Reported about 11 hours ago
A significant shift in the gold market is occurring as American investors are cashing out on gold coins and bars, while Asian investors, particularly in the Asia-Pacific region, continue to ramp up their purchases. This divergence highlights contrasting economic outlooks, with US retail investors appearing more optimistic about domestic conditions under Trump’s administration, leading to a decrease in demand for gold. In contrast, Asian buyers are increasingly viewing gold as a strategic asset amid economic uncertainties, driving demand up significantly in markets like China and Southeast Asia.
Source: YAHOO