Trillions in new U.S. debt will push gold prices higher even without a fiscal ‘crisis’

Gold prices will benefit from soaring U.S. deficits and mounting fiscal instability, even if no near-term crisis occurs, according to analysts at the World Gold Council (WGC). “With the passing of the One Big, Beautiful Bill, the US is staring down an additional US$3.4 trillion in debt over the next decade...