The price of gold is up nearly 11% so far in 2025 and 43% over the past 12 months.
Gold’s price dropped while risk assets rose amid speculation Trump’s reciprocal tariffs are no more than a negotiating tool.
Major financial institutions are raising their gold price forecasts due to growing trade war fears and central bank accumulations.
BTC takes a breather as Trump’s tariff threat bodes well for gold, and the uptick in Tokyo inflation supports BOJ rate hikes.
The ratio surged 12% Wednesday as the pro-crypto Republican candidate Donald Trump won the U.S. presidential election.