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Withdrawal from Paris Agreement and Gold

sunshineprofits.com / ARKADIUSZ SIEROŃ / JUNE 2, 2017

Yesterday, President Trump announced his decision to withdraw the U.S. from the Paris Climate Accord. What does it mean for the gold market?

On Thursday, Trump declared that the United States was getting out from the global climate pact: “In order to fulfill my solemn duty to protect America and its citizens, the United States will withdraw from the Paris climate accord.” The news shocked many people, as the agreement was reached by 195 countries in 2015 in order to limit global warming to 2 degrees or less by 2100, seemingly a glorious aim.

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