Gold News

Gold and silver rallied strongly late Tuesday as it became apparent Trump would win. However, it was short-lived, and prices quickly retreated. The abrupt reversal was a precursor to the sharp declines that followed later in the week. Miners broke decisively thro
Donald Trump pulled off an upset victory Tuesday for the US Presidency, overcoming Hillary Clinton, who despite recent polls showed that the former Senator had a sizeable lead heading into the election. Yet by the end of the count, it was Trump who captured the requ
The scenario that many people feared—the potential for an extended US Presidential Election battle after the polls on Tuesday—has failed to materialize. Although many anticipated a Donald Trump victory to send the markets into chaos (with Dow Futures plummeting late
The US economy added 161,000 jobs in October. What does it imply for the Fed policy, presidential elections, and the gold market? October Lower Than Expected, But August And September Revised Upward Total nonfarm payroll employment rose only by 161,000, accord
The first two weeks of November host critical events that will shape the next few months. Most important of which is the US Presidential election. Its outcome could send shock-waves through the entire financial system. A Trump victory could support gold prices as
It was just last week that our forecasts of the price of gold looked murky at best. However, in a strange election year and amid all manner of economic reports, the price of gold has unexpectedly returned to the $1,300 mark. While last week, hedge funds showed
There is (fortunately) only one week left before the US presidential election. What are the current odds of both candidates and what do they mean for the gold market? Current Odds Of Presidential Candidates According to RealClear Politics, 47.3 percent of
We have been looking for one-more-drop in precious metals and miners for over two weeks. Prices seem to be rolling over now. Consequently, we expect a significant low in early to mid-November. This pullback is the first meaningful correction in a rejuvenated gold bu
Anyone investing in gold knows that the price of gold denominated in US dollars is subject to the winds of economic news. What many gold investors don’t know is what specific economic news to watch for. In forecasting gold’s price for the coming week, which includes
Investors waiting for a strong dip in gold to buy may have found it, as gold prices appear to be in a steady low space as economic data looks rosier than some expected. With the Fed flirting with the idea of raising rates in December, it appears gold may be under $1

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