Trump threatens massive tariffs on China, triggering stock market sell-off |
Source |
American Shipper |
Post Date |
10/20/2025 |
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"Investors are getting nervous about all the traditionally safe U.S. assets like treasury securities," Pasquariello said. "Where else will they put money? Gold." Despite banner performance this year, gold prices carry volatility of their own, especially when buyers enter the market at a high point, risking losses instead of a security blanket. "Gold and silver are in a boom cycle right now, but you can bet theyll be in a bust period sooner than investors expect," Jim Wyckoff, senior market analyst at Kitco Metals, told ABC News. For now, however, a burst of economic and political uncertainty has sent investors running to safety, Wyckoff said. "Its spilling into safe-haven demand for gold," he added.
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