Trump's electoral defeat; Has the Iran war become the Republicans' Achilles heel? | Intervention in the election system did not work! According to a banker, he warned that the continuation of gold's downward trend could lead investors to fiat currencies. Simply put, fiat refers to currencies that have no commodity backing and whose value depends on the credibility of the issuing government; Like the dollar and the yen, one of the reasons for the recent selling pressure is the increase in concerns about technology company stocks and the decline in the financial markets in such a situation, some investors are even selling safe assets such as gold and silver to provide liquidity. For this reason, contrary to traditional market expectations, gold has performed poorly in a period of growing concerns report details Yes Instagram site.