Investors Are So Confident in the Trump Economy They’re Turning to Gold

The president promised a “golden age,” but Americans buying actual gold to hedge against an unstable economy is probably not what he had in mind.

Gold—it’s not only the decoration of choice for Donald Trump ’s White House, but, it seems, the asset of choice for investors skittish about the economy he’s overseeing.

Gold prices have been surging lately, climbing to a record high Tuesday amid declining value of the US dollar, political instability, and anxiety over the president’s signature tariffs—the latest sign that his economy may not exactly be the “miracle” he promised he’d deliver on the campaign trail.

“Investors turn to gold not only for its historical role as a safe haven, but also for its ability to h

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