Update: Gold Trades Lower as the Dollar and Yields Surge Following Donald Trump's U.S. Election Win
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.
Exchange-Traded Funds, Equity Futures Higher Pre-Bell Wednesday as Investors Digest Trump Win
[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.
Gold Dumped for Riskier Options as Trump Nears Finish Line
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.
USA election sudden breakthrough! Trump wins the 2024 USA election, gold price plunges over $40, dollar surges 185 points. Well-known institutions analyze gold trades.
On Wednesday, the Asian market saw a sharp drop in spot gold prices at the close, with gold prices currently falling to around $2702 per ounce, a drop of nearly $42 within the day. The counting of votes for the US presidential election is still ongoing on November 6th local time. US media estimates that Trump has already secured at least 270 electoral votes.
Gold Prices Dip as Dollar Surges on Trump Lead in Early Voting
USA election heavyweight! Harris 212 votes closely following Trump's 232 votes. Gold price surged over $12 from the daily low. Chief analyst's technical analysis of gold.
On Wednesday, during the Asian market session, the latest news of the US election voting showed that Trump's lead further narrowed, causing the USD to significantly retreat from the day's high. Spot gold continued to rise in the short term, with the current gold price reaching around $2743 per ounce.
What happened?! Trump's lead suddenly narrowed, gold prices surged in the short term approaching 2750, and the US dollar experienced a top reversal. Trump just made a stunning statement.
In Wednesday's Asian market trading, the usd index fell from its high, and spot short-term surged suddenly, currently approaching the $2750/oz mark. The latest vote count in the usa election shows that Trump's lead has significantly narrowed. At present, Trump has received 101 electoral votes, while Harris' vote count has increased from 51 earlier to 71.
Trump leads by 95 votes over Harris with 35 votes! bitcoin at 0.0714 million hits a record high, usd index soaring, gold and US bond markets in turmoil
The latest election results show Trump leading Harris by 95 votes. Bitcoin surged to $71,446, reaching a new high, while the USD index soared to 104.21. Trump's trade triggered intense volatility in the gold and US bond markets.
The US presidential election votes have triggered a big market movement! The latest results of the US election show a sharp rise in the US dollar and a big drop in gold prices, with gold trading at nearly 0.2 billion US dollars in one minute.
On Wednesday, in the early trading session of the Asian market, as the first batch of results from the USA election were gradually announced, the financial markets experienced intense volatility. The US dollar surged sharply in the short term, while spot gold plummeted, with the gold price just falling below $2740 per ounce. The Mexican peso and Japanese yen both fell in the early trading session of Wednesday in the Asian market.
Express News | The world's largest gold etf, SPDR Gold Trust, decreased its holdings by 1.72 tons compared to the previous day, with a current position of 886.91 tons.
GLD ETF Gains 0.2%
SPDR Gold ETF Options Spot-On: On November 5th, 145.31K Contracts Were Traded, With 2.99 Million Open Interest
On November 5th ET, $SPDR Gold ETF(GLD.US)$ had active options trading, with a total trading volume of 145.31K options for the day, of which put options accounted for 41.73% of the total transactions,
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
Gold Rises on Weaker Dollar and Safe-Haven Buying on U.S. Election Day
Market Chatter: Junior Gold Miners Are Appealing Takeover Targets As Bullion Prices Climb
Exchange-Traded Funds, Equity Futures Higher Pre-Bell Tuesday as US Heads to Polls for 2024 Presidential Elections