Markets Show Cracks as Gold Glimmers
Precious metals continued their march higher, though slower than the post-election rally.
Precious metals continued their march higher, though slower than the post-election rally.
Precious metals slow down their climb, but continue to show strength after the Thanksgiving break in the US.
Discussions of a new “BRICS currency” are gaining widespread attention. This article explores why an increasing number of foreign nations are attempting to “de-dollarize,” and why gold has emerged as a viable alternative to the USD as the global reserve currency.
Precious metals bounced higher after the initial post-election pullback, with a lot of upside potential.
As expected, gold and other precious metals traded lower, selling off the exuberance and consolidating after the election results. There’s been a lot of price action in the last week. So let’s take a look at where prices stand as of November 15:
Polls closed and votes were counted. President Trump was declared the winner — the second president ever to be elected for two non-consecutive terms.
We’re in a world of seemingly stark inconsistencies – confounding incongruences.
Typically, we expect the price of gold to fall when yields rise. But over the last two months, Treasury yields and gold have surged together.
Do elections affect gold? Or does the price of gold predict who will win an election? This week, we dive deeper into how the upcoming elections might impact precious metals portfolios.
The price of gold and other precious metals are taking a breather after having a big couple of weeks on the heels of the Federal Reserve’s meeting.