【BitPush】Trump expressed on Friday in front of the media that he hopes to retain the current Chair of the U.S. Economic Advisory Council, praising their excellent performance on camera. This remark immediately triggered market reactions— the US Dollar Index DXY surged over 20 points, creating a clear upward momentum. A chain reaction followed, with spot gold and silver both plunging, with gold prices falling to around $4,550 per ounce, and silver dropping to the $87.5 per ounce level. This reflects a rapid adjustment in market expectations for a strong dollar, as traders reallocate assets based on policy signals, and the anticipated dollar appreciation dampens the appeal of dollar-denominated precious metals. High-level policy tone-setting often becomes a turning point for market sentiment, where a single statement can trigger multi-asset linkages.
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SadMoneyMeow
· 01-16 16:12
One sentence, 20 points? Bro, your words are truly devastating.
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ApeWithNoChain
· 01-16 16:05
Another sentence is enough to manipulate the market; Trump's mouth is really a market manipulation tool.
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ForkThisDAO
· 01-16 16:04
Once again, just one sentence from Trump, and the precious metals are dumped directly. This policy market is really incredible.
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NftDeepBreather
· 01-16 16:03
Here we go again, one sentence crashing gold, Trump's mouth is more effective than anything else.
Good performance in front of the camera = stable economy = US dollar taking off, the logic makes sense, everyone.
Wait, does this guy really understand economics or just knows how to talk pretty?
Precious metals have been cut again, should I change my approach?
The US dollar has surged quite strongly this time, can it hold up?
One person's words can move the entire market, what are we retail investors aiming for?
Just watch the show, it doesn't really have much to do with me anyway.
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UnluckyMiner
· 01-16 15:54
Once again, just one sentence from Trump and gold has to kneel. Truly impressive.
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AltcoinMarathoner
· 01-16 15:48
just like mile 20 in this macro marathon, one trump soundbite moves 20 points on dxy... the fundamentals haven't changed but traders panic-selling gold like sprinters hitting the wall. been accumulating the dips since 2021, these policy whiplashes are just water stations ngl
Behind the 20-point surge in the US Dollar Index: How Trump's remarks are influencing gold and silver trends
【BitPush】Trump expressed on Friday in front of the media that he hopes to retain the current Chair of the U.S. Economic Advisory Council, praising their excellent performance on camera. This remark immediately triggered market reactions— the US Dollar Index DXY surged over 20 points, creating a clear upward momentum. A chain reaction followed, with spot gold and silver both plunging, with gold prices falling to around $4,550 per ounce, and silver dropping to the $87.5 per ounce level. This reflects a rapid adjustment in market expectations for a strong dollar, as traders reallocate assets based on policy signals, and the anticipated dollar appreciation dampens the appeal of dollar-denominated precious metals. High-level policy tone-setting often becomes a turning point for market sentiment, where a single statement can trigger multi-asset linkages.