Donald Trump’s return to White House may boost gold prices amid geopolitical turmoil
Live MintDonald Trump's potential return to the White House is expected to intensify global trade tensions, fueling geopolitical crises and likely pushing gold prices higher. “Trade tensions, potential conflicts, and unpredictable policies under his leadership might drive investors toward gold as a safe-haven asset,” the report quoted the managing director of RiddiSiddhi Bullions Limited as saying. “In such conditions, gold prices normally rise.” However, Gupta noted that stubbornly high U.S. dollar rates might moderate the expected increase in gold prices. 2025 Market Outlook Indian equity markets, including the Nifty 50, BSE Sensex, and Bank Nifty, may also face hurdles in 2025 due to factors like rising U.S. Treasury yields, the strength of the U.S. dollar, and competition from digital assets like Bitcoin, Gupta said.