Gold In Election Years

1 actually studies of the past few elections show an increase in prices as election year approaches then a slow decline in gold prices in the months immediately preceding the election and finally a sizeable bump upwards after the election is over.

Gold in election years. Bush won re election in november 2004 gold was trading at a mere 450 oz. All information is supplied without guarantee. At the same time the price of gold has been incrementally increasing since november 2016 it s risen from us 1 183 per ounce at that time to around us 1 900 a month before this year s election.

All information is supplied without guarantee. The graph below shows the average price movement during the elections since 1971 and i think the chart speaks for its self. Gold election years.

Over that same period silver advanced from under 8 oz to over 20 oz. Let s start off with the price of gold and what it typically does each month during the presidential election year which is this year 2019. The money metal went on to hit a record 1 000 oz in early 2008.

A key focus of study over the last several decades election years have shown to be of significant influence. Gold performs the strongest in the midterm election year and the weakest in the post election year while for silver the pre election year is the best year and the election year is the worst. Gold pre election years and seasonality.

Gold an election year and trump. Importantly precious metals vastly outperformed the stock market through the four years of bush ii s second term. Recall that when george w.

Charts dating back to the 1970 s reflect trends of gold prices soaring in the month of. The next chart presents the comparison between the average monthly returns of gold in november in election and non election years. What the experts say scott tibballs february 17th 2020 inn asked the experts what they make of the upcoming us election and whether it could change anything for.