Donald Trump’s possible go back to the White House is anticipated to magnify international profession stress, sustaining geopolitical dilemmas and most likely pressing gold costs higher.
Gold has actually currently provided a durable return of around 21 percent year-to-date, dramatically surpassing criteria like the Nifty 50, BSE Sensex, and Bank Nifty, along with going beyond rising cost of living, according to a record byMint Trump’s presidency might maintain this higher energy for gold, offered its condition as a safe-haven property in the middle of unpredictability.
“Trade tensions, potential conflicts, and unpredictable policies under his leadership might drive investors toward gold as a safe-haven asset,” the record priced estimate the handling supervisor of RiddiSiddhi Bullions Limited as claiming.
Geopolitical Tensions and Market Impact
Analysts are supporting for enhanced geopolitical stress throughout Trump’s 2nd term, which can interfere with the stock exchange. “During Trump 2.0, especially in the first year of his second tenure, the stock market is expected to receive various hits due to the geopolitical tension,” said Anuj Gupta, Head of Commodity & Currency at HDFC Securities. “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.
Looking in advance, Gupta supplied understandings on gold’s temporary efficiency. “In the short-term, the MCX gold rate faces resistance at ₹76,800 per 10 grams. On breaching above this hurdle, the yellow metal may touch the ₹78,000 mark,” he anticipated.
On December 27, gold prices jumped ₹350 to ₹79,200 per 10 grams in the national capital on Friday on the back of continued buying by jewellers and depreciation in the rupee, according to All India Sarafa Association.
Traders said the safe-haven asset is also strengthened by escalating geopolitical tensions stemming from the ongoing Russia-Ukraine war and tensions in the Middle East.
The yellow metal on Thursday settled at ₹78,850 per 10 grams.
Rallying for the fourth straight session, silver also surged ₹900 to ₹91,700 per kg. During the holiday-shortened week, the white metal soared < div id="article-index-8 webrupee
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