Should the US Treasury Be Buying Bitcoin?
Materials Up, Gold Falls on Bessent Hopes -- Materials Roundup
Express News | Corrected-Buzz-U.S. Stocks on the Move-AMC, Alnylam, Super Micro
U.S. stocks fluctuated | Gold price fell below $2,640, golden industrial concept declined
On November 25, according to Gelonghui, harmony gold mining, barrick gold, and coeur mining fell more than 4%, while eldorado gold, kinross gold, and pan american silver fell more than 3.5%. In terms of news, the spot price of gold continues to decline, dropping below $2640 per ounce; the spot price of silver fell 3%, reported at $30.38 per ounce. A senior official from the usa stated that Israel and Lebanon have agreed to the terms of the ceasefire agreement to end the conflict between Israel and Hezbollah. Additionally, Saxo Bank analyst Ole Hansen stated in a report that Trump nominated hedge fund billionaire Besant as the next financial.
How will Trump 2.0 policies affect global capital markets? Bank of America Merrill Lynch lists three possible scenarios that may arise.
Bank of America Merrill Lynch believes that in the best-case scenario, the US GDP growth rate will exceed 3%, the US dollar will be slightly strong, and the gold price will be relatively low; in the worst-case scenario, aggressive tariff policies will impact global trade, exacerbate the risk of US recession, and cause a sharp decline in US stocks; in the tail risk scenario, the US economy will fall into stagflation, the US dollar will weaken across the board, and gold and cryptos will benefit.
Express News | Newmont Down 1.6%, Gold Fields Down 1.3%, Harmony Gold Falls 1.4%