In an unexpected turn of events, gold prices have taken a sharp downturn after reaching a record pea of $4,300. This development coincides with comments from former President Donald Trump who stated that tariffs on China are ‘not sustainable’ in the long run.nnThe ripple effects of this announcement have impacted the silver market as well. Investors and market spectators are keeping a close eye on the commodities market as they brace for potential volatility given the fluid geopolitical circumstances.nnTrump’s comments have sparked a debate among economists and market analysts, who are closely studying the potential effects of a change in policy on China tariffs. The former President’s views about the unsustainability of China tariffs could lead to a major shake up in the international trade scenario.nnHence, while the dip in gold and silver prices might be a temporary knee jerk reaction, it is indicative of the precarious nature of the global economy, intertwined with political undertones. Read More
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