Gold price forecast

Donald Trump’s transition team is looking for ways to end conflicts in Ukraine and the Middle East.

The trade war between the US and many countries, including China, may not be too tense. Donald Trump only sees tariffs as a negotiating tool. If the trade deficit improves, the trade war is likely to be less fierce.

Donald Trump's transition team is looking for ways to end conflicts in Ukraine and the Middle East.

The trade war between the US and many countries, including China, may not be too tense. Donald Trump only sees tariffs as a negotiating tool. If the trade deficit improves, the trade war is likely to be less fierce.

In the long term, gold is still expected to rise as inflation signals rise again globally. The West has seen inflation return, while many Asian countries have stepped up monetary easing and have plans to pump money.