Election Effect On Gold

At any point in time some factors may be pushing the price higher while others are pushing the price lower.

Election effect on gold. The simple answer is no. Markets are now predicting a solid win for the incumbent. One analyst says gold will correct with donald trump s victory followed by the collapse of the u s.

Markets have already picked their winner based on the price action and expectations. The simple answer is no. Will the us election results cause the price of gold to soar or plunge.

Prices jumped 8 in a month after the election before pulling back for a net 3 5 gain by year s end. And the winner of the us election is gold. Gold s 2008 rally after obama was elected took a couple weeks to get going.

Markets have already picked their winner based on the price action and expectations. Will the results of the presidential election affect the price of metals. Will the results of the presidential election affect the price of metals.

Dollar as the country s 2020 presidential election approaches. Gold silver and platinum have been in downtrends for months as the markets were debating the next president. In november 2016 the price went down 7 6.

Bush was re elected in 2004 was more immediate. Gold silver and platinum have been in downtrends for months as the markets were debating the next president. Generally speaking precious metals like gold and silver tend to benefit from.