Trump's 401(k) order could boost gold prices — Financial Times

The Financial Times reports that US President Donald Trump may soon sign an executive order permitting alternative assets like cryptocurrencies and precious metals in 401(k) retirement plans, according to a White House statement.

Kitco notes this move could potentially unlock up to $9 trillion in investment capital. The order would likely direct regulators to review restrictions on including gold, silver, and Bitcoin in professionally managed retirement accounts.

Axel Merk of Merk Investments suggests this change could simplify tax regulations for pension funds and support broader financial market deregulation efforts. However, Kitco reports that critics have voiced concerns about the risks of volatile or illiquid assets in retirement portfolios.

Phillip Streible of Blue Line Futures views the initiative as a potential catalyst for higher gold and silver prices.