Us Election And Gold Price

A close look at historical gold price movements in the aftermath of previous u s.

Us election and gold price. The short term gold price. It s generally understood that the value of the us dollar correlates with the price of gold. Andrew maguire believes that regardless of the ultimate resolution of the us election once an initial period of volatility settles the outlook for gold is positive.

For positive indicators for the gold price the precious metals expert points to the massive stimulus package announced by each presidential. The gold price after the us election. And ended at 1 530 oz a difference of more than 18.

The approaching 2020 us presidential election looks set to be one of the most polarized in recent history. A high dollar value means a lower price for gold while a weaker dollar means a higher price for gold. Presidential elections suggests little evidence of a clear relationship between the gold price and the election outcome based on party affiliation.

Last year the price started at around 1 290 oz. Regardless of this experts in financial sectors are already generating forecasts for what will happen after the november election night. As both candidates vie for the white house in this high stakes vote looking past the.