Gold Experts Reveal How Trump Could Shape the Gold Market

Donald Trump will officially become the next President of the United States on 20 January 2025 and markets around the world are already reacting

With policies that will reach far and wide, it’s likely his presidential run will dramatically shape geopolitics.

With this in mind, the experts at The Gold Bullion Company have explained what this might mean for the gold market going forward.

“As Donald Trump is named the winner of the US election, markets around the world are reacting to the news. The US dollar is already showing gains, and with the gold price so closely tied to the US dollar, some small dips can already be seen. We will likely see more movement as the dollar strengthens, but how much this will affect gold prices in the long term remains to be seen.

“Typically, a strong US dollar will drive down gold prices, but with the precious metal soaring to new heights this year, it’s hard to envision a significant price drop. The markets will likely react initially, driving down the price as the dollar surges, but then settle as we await Trump to start his term.

“However, when considering a long-term outlook, Trump’s policies may result in further jumps in gold prices. Typically, Trump’s approach to the presidency is much more unpredictable and brings higher geopolitical risk, which can drive investors to gold. As he’s due to enter the White House in 2025, two international conflicts remain ongoing in Ukraine and the Middle East, and how he reacts to these could prove pivotal to markets around the world, including gold.”