Gold Hits $3,401 Amid Trump’s Pro-Crypto Fed Appointment
Gold’s price record rally has actually been hitting some pretty impressive levels right now, reaching $3,401 per ounce and marking an stunning 39% annual gain as Trump Fed appointment of Stephen Miran is basically reshaping Federal Reserve board expectations. This gold price record rally reflects geopolitical uncertainty along with gold investment strategy shifts amid monetary policy changes happening at the time of writing. Gold Price Record Rally Fueled by Geopolitical Uncertainty and Trump Fed Appointment Stephen Miran testifying at Senate Banking Committee hearing – Source: Reuters The Trump Fed appointment of economist Stephen Miran to the Federal Reserve board is actually intensifying the ongoing gold price record rally that we’re seeing. Miran’s crypto-friendly stance and also his policy views signal some shifts supporting gold investment strategy positioning right now. Trump stated: “It is my Great Honor to announce that I have chosen Dr. Stephen Mi...