It does affect you, in a sense that this represents volatility, which in turn is usually bad: it means that investors are nervous with policies, markets etc. It is a symptom for the chaos currently fueling the world.
Gold prices falling is usually an indicator of market stability rather than volatility. I suspect the new fed chair pick is the cause for the selloff. Although he seems more like a business-as-usual sort of guy rather than a Trump crony so I don’t know why anybody thinks he will do anything differently compared to Powell.
It does affect you, in a sense that this represents volatility, which in turn is usually bad: it means that investors are nervous with policies, markets etc. It is a symptom for the chaos currently fueling the world.
Gold prices falling is usually an indicator of market stability rather than volatility. I suspect the new fed chair pick is the cause for the selloff. Although he seems more like a business-as-usual sort of guy rather than a Trump crony so I don’t know why anybody thinks he will do anything differently compared to Powell.