Trump hints at firing Federal Reserve Chairman Powell, gold jumps in response.

According to the financial news app, it was learned that multiple informed sources reported that US President Trump proposed the idea of dismissing the Chairman of the Federal Reserve, Powell, during a meeting with House Republican lawmakers in the Oval Office at the White House on Tuesday. It is reported that many people present at the meeting indicated that Trump hinted at taking action. After this news was released, the price of spot gold instantly surged, rising by over 1.4% to exceed $3370; the US dollar index fell by 0.75% to 97.87. The three major US stock indexes declined, with the Nasdaq falling by over 0.78%, the S&P 500 falling by 0.66%, and the Dow falling by 0.58%.