Why Trump’s challenge to Fed’s independence may make gold the ‘safe haven of choice’ for investors

President Donald Trump recently took steps to remove a member of the Federal Reserve’s Board of Governors, sparking concerns among investors about the potential threat to the central bank’s independence. This development has raised worries that such political influence could undermine confidence in the U.S. dollar and Treasury bonds. As a result, investors may turn their attention to safe-haven assets like gold and other precious metals, seeking stability amid increased uncertainty in the financial markets.