Can't stop it! The price of gold fell nearly 3% intraday, can the Federal Reserve save it?
Analysts say that a major issue facing the gold market is the comparison between the current Trump and the one who won the election eight years ago, what are the differences.
[Real-time Tracking of the Election] Trump officially wins the usa election.
On November 5th, USA will hold the 60th presidential election, the current vice president Harris and former president Trump will officially compete. Finance Associated Press will track and report the latest developments of this election, so please stay tuned.
After Trump announced winning the usa election, spot gold fell below the $2710 mark intraday. Will the gold bull market continue?
① Today around 2:30 PM, spot gold fell below $2710.00 per ounce, a decrease of about 1.24% intraday; ② According to Trump's core policy proposals of 'lowering interest rates, increasing income, and adding tariffs,' the USA is highly likely to experience a second round of inflation, which will be bullish for gold; ③ The price of gold is mainly related to whether the US dollar is strong and geopolitical risks.
Here Is How Investors Can Capture Opportunities From The Election
Benzinga Market Summary: Global Markets On Watch Amid US Presidential Election, Gold And Oil Move Higher, Palantir Surges On Strong Guidance
On US Election Day, Asia Mostly In Green, Europe Mixed, Dollar Softens - Global Markets Today While US Slept