Gold Registers 22% Gain in the First 100 Days Since Trump Took Office
Over the last 100 days since Trump took office, the price of gold has recorded a 22.2% increase in dollar terms, setting over 20 new all-time records. During this period, the S&P 500 index of the biggest corporations has dropped by over 7%. Different publications report that the first a hundred days of this presidency may be the worst for the American stock market since Nixon’s and Ford’s presidencies. During the first one hundred days of Richard Nixon’s 2nd term, gold saw its price surge by more than 39%. Gerald Ford came in soon after Nixon resigned following the Watergate…