Gold sideways ahead of Trump making its way back to the White House

January 20, 2025
Gramatik

Gold price goes nowhere while markets brace for four years of volatility. US markets remain closed due to Martin Luther King day. Gold supported above $2,700.00 though concerns are swelling for more downturn.

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President Donald Trump announces ‘Project Stargate’, $500 billion AI investment, with OpenAI’s Sam Altman, Oracle’s Larry Ellison, and SoftBank’s Masayoshi Son at The White House.

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China’s credit impulse signals potential headwinds for global manufacturing, suggesting a slowdown ahead. With the sector already weak, more stimulus may be needed, but its impact could be limited as the credit multiplier continues to be weak.

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Gold sideways ahead of Trump making its way back to the White House

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President Donald Trump announces ‘Project Stargate’, $500 billion AI investment, with OpenAI’s Sam Altman, Oracle’s Larry Ellison, and SoftBank’s Masayoshi Son at The White House.

China’s credit impulse signals potential headwinds for global manufacturing, suggesting a slowdown ahead. With the sector already weak, more stimulus may be needed, but its impact could be limited as the credit multiplier continues to be weak.