Gold Price 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.
Gold price in election years. These factors underlie the reason many analysts expect a bumpy ride during election years but also make it a popular time to buy gold. Experts maintain that regardless of who wins the 2016 presidential election gold investors will reap a handsome return on their investment into the precious metal. Last year the price started at around 1 290 oz.
The nation is a transcontinental country located in southeast asia. In 1971 2015 period gold lost in election years 0 04 percent on average during that month while gaining only 0 07 in non election years and 0 04 percent overall. Indonesia is officially known as the republic of indonesia.
In addition the country also has some territories in oceania. In the beginning price at 1814 dollars. High price 1842 low 1647.
All information is supplied without guarantee. Official price for the years 1786 to 2001 new york market price for the years 1791 to 1998 gold silver price ratio for the years 1687 to 1998 london market price for the years 1718 to 2001. The average for the month 1759.
Election cycle election years post election years midterm years pre election years. The pre election 12 02 percent and election 12 76 percent years are between but gold s highest performance is evidently closer to the midterm year as one can see in the chart below. Recommend this page dax.
British official price for the years 1257 to 1945 u s. The gold price forecast at the end of the month 1734 change for december 4 4. On the contrary the second year of the presidency is the best for the price of gold as the shiny metal rallies 12 89 percent on average.