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MUFG: Recent US Tariff Plan Elevates Gold's Appeal as a Safe Haven
2 week ago /
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Author：小编
On July 11, analysts from Mitsubishi UFJ Financial Group (MUFG) observed that the sweeping tariff proposal introduced by the US government, specifically the impending taxes on imports from Canada, Brazil, and copper scheduled to commence on August 1, has fueled market volatility. This heightened uncertainty has bolstered gold's allure as a haven asset. Nevertheless, the Federal Reserve's ambivalent stance on potential interest rate cuts has somewhat dampened the attractiveness of interest-free gold.
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