Potential US gold monetisation boost


Juwai IQI global chief economist Shan Saeed

PETALING JAYA: Gold monetisation is gaining ground in the United States as the administration under president Donald Trump explores ways to fund government operations, settle debts and stabilise the economy.

Although nothing is concrete at this juncture, economists said it could be one of the ways, or a “one-off” fix to strengthen its fiscal system amid challenges.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Gold , monetisation , Trump

Next In Business News

Ringgit firmer vs greenback on rising US-EU tensions
FBM KLCI retreats to 1,700 support as profit-taking accelerates
Trading ideas: IJM, Perak Corp, Kuchai, Favelle Favco, Reservoir Link, OpenSys, Teladan, PJBumi, AirAsia X, M&A Equity, Alliance Bank
AI boom deepens� global memory crunch�
Mixed outlook for Swift Haulage earnings potential
Product growth to enhance Farm Fresh valuation
Japan bonds slump as food tax cut talk adds to election risk
EU weaponising US assets a risk, Deutsche Bank’s Saravelos says
Growing market liquidity poised to buoy Nestle�
Gold and silver jump to record highs on Greenland tariff threats

Others Also Read