Gold Rises on Trump's Fed Move: Independence Fears

Markets & Money Today | 2 Min News - A podcast by The Daily News Now! - Wednesdays

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Trump's push to oust Fed Governor Lisa Cook over alleged fraud is shaking markets and sending gold prices soaring! Fears of White House influence over the Fed are weakening the dollar and fueling a gold rush, with UBS predicting $3700 and Goldman Sachs forecasting $4000 per ounce by 2026. Will Cook stay, or will a new pick trigger looser money policies and even higher gold prices? Investors are on high alert as gold outperforms the S&P 500 amidst this unfolding financial drama. Hosted on Acast. See acast.com/privacy for more information.