Gold News: Will Trump’s Policies Boost XAU/USD’s Safe-Haven Appeal? – FX Empire
Will Tax Cuts and Deregulation Weaken the Dollar? Trump’s proposed tax cuts and deregulation are designed to stimulate economic activity. However, these measures could expand the federal deficit, potentially weakening the U.S. dollar. When the dollar depreciates, gold tends to benefit as it becomes cheaper for investors using other currencies. Many market participants recall similar