Price of Gold Climbs as Confidence in Dollar Declines

The price of gold is reaching new highs and fewer countries internationally trust the dollar for trade. This loss of confidence has been growing with the rise of BRICS along with the financial crises of 2008, 2020 and 2023.

These tendencies have been amplified because of Trump’s obsession with tariffs. The result causes international distrust in the United States even if Trump’s tariffs don’t apply to a given country.
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