INTENSE TRADE WAR AND GOLD

In an increasingly uncertain economic environment, gold continues to stand out as the ultimate safe haven asset. Currently, we are seeing how the price of gold continues to break historical highs, driven by persistent inflation, the static monetary policy of the Federal Reserve and the uncertainty generated by the trade war, intensified under the administration of Donald Trump, raising tariffs on most imports, especially those from China.

 

At Calabria Oro we have noticed an increase in sales and pawnings by individuals who seek to take advantage of the recent increases to balance their finances. While other, more speculative, prefer to keep their gold waiting for the highest peak.

 

Sell your gold only if you need liquidity for essential expenses or more profitable investments. History has shown that gold is one of the best protections against inflation. Although there may be occasional declines, such as the years 2012 to 2014, and which could very well happen again, the saying that “gold always goes up” is ultimately completely true, but in the long term. Your personal situation should determine when and not exclusively the market…

 

Although gold is attracting most attention, silver has also shown a significant rise, although at a slower pace. Being our second raw material par excellence, at Calabria Oro we also offer silver buying and selling, an increasingly interesting option for individuals.

 

At Calabria Oro, we specialize in advising our clients to make informed decisions and maximize the value of their investments in precious metals, above all, but also diamonds and high-end watches.

 

If you are thinking of selling your gold or silver, or if you want to know more about the current market, do not hesitate to visit us. We will be happy to help you make the best decision for your financial future.