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Market Watch: Gold Surges on Fed Concerns, Trump Overhauls Immigration Visas
Stock Market News· 2025-09-20 08:38
Key TakeawaysGoldman Sachs (GS) warns that gold prices could surge to nearly $5,000 an ounce if the Federal Reserve's independence is undermined, potentially triggering a flight from traditional assets into the precious metal.President Donald Trump has signed an executive order imposing a new annual $100,000 fee on companies for obtaining or renewing H-1B visas, a move expected to significantly impact industries reliant on foreign skilled workers.In a separate executive order, Trump launched a new "Gold Car ...