The global economy is complex and interconnected, and events in one major economy can have significant repercussions on global financial markets. One such major concern is the possibility of a US default, which is causing great concern about its potential impact on various assets, including gold. 

The initial impact of a possible US default on gold demand

Gold, as a historical safe-haven asset, is often seen as a durable asset in times of economic and financial uncertainty. Its status as a store of value makes it particularly attractive to investors seeking to protect their wealth in the event of market turbulence. It is therefore essential to assess the impact that a possible US default could have on the gold quotation. 

Such a situation would cause great uncertainty in global financial markets, prompting investors to seek safe haven assets to protect themselves from potential risks. The yellow metal, with its well-established reputation as a stability asset, could attract increased interest from investors seeking protection against the consequences of a US default. 

In addition, this could create a great deal of uncertainty in global financial markets, causing investors to seek safety and growth in their asset portfolios, thereby increasing demand for gold. 

Ultimately, the gold price could experience increased volatility due to the economic and financial uncertainty resulting from a US default. Investors may seek to reduce their exposure to risky assets and increase their holdings of gold, which could support its price. 

Key factors influencing the gold price and global markets 

In addition to the US default, other factors such as interest rate developments, monetary policy, geopolitical stability and global demand for precious metals will also influence the price of gold (for the purchase of gold coins or bullion bars). 

In addition, decisions and actions taken by other major world economies to deal with a possible US default may also have an impact on the financial markets and the price of the yellow metal. 

Therefore, it is essential to closely monitor global economic, political and financial conditions to assess the impact of a possible US default on the gold quotation.