60% of Bloomberg survey respondents expect a weaker US dollar if Trump wins re-election, and gold is the top portfolio hedge.

Bloomberg Markets Live Pulse survey shows gold as the top portfolio hedge if Trump wins re-election, with 60% of respondents predicting a weaker US dollar due to his policies. Tax cuts, tariffs, and weaker regulation may lead to inflation, increased interest rates, and a dollar slide. Central banks have been buying gold to diversify away from the dollar amid geopolitical tensions and the US deficit.

July 29, 2024
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