Trump's dismissal of Powell, fermentation of safe haven funds pouring in to support gold prices

金色财经
金色财经|Jul 16, 2025 15:53
According to a report by Golden Finance, there is news that Trump "may" dismiss Federal Reserve Chairman Powell, and as a result of this news, gold continues to rise. Related reports also put pressure on the stock market, with the S&P 500 index falling 0.4%. It is evident that the uncertainty of whether Trump can dismiss the Federal Reserve Chairman has become a point of pressure for the overall market, driving safe haven funds into gold and providing support for the price of gold.
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