"Trump's 'firing Powell' brews, safe-haven funds pour in to support gold prices"
There are reports that Trump "may" dismiss U.S. Federal Reserve Chairman Powell, and this news has caused gold to continue rising. The related reports also put pressure on the stock market, with the S&P 500 index falling by 0.4%. It is clear that the uncertainty of Trump's ability to dismiss the Fed Chairman has become a pressure point for the overall market, which has prompted safe-haven funds to flow into gold, providing support for gold prices.
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