Macro Finance
Gold’s Faded Haven Allure Hinges on Deficit, Inflation Fears
Bloomberg Markets·November 2, 2026·1 min read
Gold is heading toward its worst annual loss in more than a decade, and investors are gauging the odds that a political shift in the US will restore the precious metal's haven allure. The outcome hinges on concerns about the federal deficit and inflation, which could drive demand for gold as a safe-haven asset.
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