Goldman Sachs Recommends Gold to Mitigate Inflation Risk from U.S. Elections

24.06.20 News

Goldman Sachs strategists suggest that gold can hedge against inflation risks linked to a Republican sweep in upcoming U.S. elections, citing potential higher import tariffs, reduced immigration, tighter Iranian oil sanctions, lower taxes, and possible influences on Fed policy. A Democratic sweep could also pose risks due to potential significant corporate tax increases.

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