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Platinum Futures(JAN5) News
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.
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.
Dollar Surges Against Pound as Trump Claims Victory in US Elections
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.
Trump is nearing 248 votes for the "victory"! How to trade US dollars, gold, and bitcoin now that the Republicans have won control of the Senate?
USA election votes are being counted, with Trump leading Harris by 248 votes to 216, needing an additional 22 votes to declare victory. Bitcoin and the US dollar are maintaining high-level fluctuations, while gold becomes an exception in the general decline of csi commodity equity index.
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.
The sudden heavyweights in the US election! Harris with 193 votes urgently chasing Trump with 216 votes. The US dollar lost ground at 105, and the gold price rebounded close to 2740. The key battleground state of Georgia is about to cast a large number of
On Wednesday, during the Asian market session, the latest news of the US presidential election voting count showed that Trump's lead has significantly narrowed, and the US Dollar Index has also fallen below 105. According to real-time voting data from Fox News, as of now, Republican presidential candidate Trump has won 216 electoral votes, while Democratic presidential candidate Harris has won 193 electoral votes.
USA presidential election bombshell! Trump 205 votes vs. Harris 117 votes. The US dollar surged by 160 points, while the gold price fell. Offshore renminbi plummeted by more than 700 points.
On Wednesday, in the Asian market, the US dollar index continued to rise, influenced by the latest voting situation in the USA presidential election. The index just touched the 105.00 mark and surged 160 points intraday. According to real-time voting data from Fox News, as of now, the Republican presidential candidate, Trump, has won 205 electoral votes, while the Democratic presidential candidate, Harris, has won 117 electoral votes.
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.
Historically, gold has performed poorly after elections. Will it be different this time?
Citigroup believes that gold may face pressure in the short term after the US election, but the relationship between gold and the "Trump trade" is not significant. The structural bull market of gold remains stable, and investors are advised to buy when the gold price falls, expecting the price to reach $3,000 per ounce in the next 6 months.
Gold's shocking reaction to the results of the election in the USA!
Deutsche Bank simulated the performance of gold under the Trump and Harris administrations, the results were shocking, and it also inspired the gold bulls.
Gold suddenly plunged in the short term! The price of gold just fell below $2725 to create an intraday low point. How to trade gold?
On Tuesday in the Asian market, spot gold suddenly plummeted in the short term, with the price dropping to $2724.64 per ounce at one point, hitting an intraday low. Analyst Christian Borjon Valencia from FXStreet pointed out that the first support level for the gold price will be the low of $2708 per ounce on October 23rd.
Breaking news in the usa election! Bitcoin plummeted to 67,000 dollars, gold gasped at 2736. Iran is brewing a major retaliatory action...
The USA presidential election in November has begun, with the new york times polls and the S&P 500 index predicting Harris winning, causing a sharp decline in bitcoin, favored by Trump supporters, to drop below 67,000 dollars, followed by a rapid rebound. Iran is preparing for a major retaliatory action launched from Iraq, but gold traded cautiously at $2,736 before the election.
On the eve of the election, Goldman Sachs suddenly made significant adjustments to the "long gold" trade.
Goldman Sachs believes: Without exaggeration, "everyone we've spoken to is long gold," so they have reduced their gold positions to lower risk, "leaning towards holding long positions through options, this way there's enough ammunition to buy on dips."
Too exciting! Trump's trade suddenly abandoned, the US dollar plummeted.
The USA election eve is very exciting! On Monday (November 4th), the US dollar fell as investors reduced bets on Trump winning the US presidential election. At the same time, OPEC+ delayed production increase, causing oil prices to rise.
How to trade gold this week? JPMorgan: No matter who wins, if the gold price pulls back, it's a buying opportunity.
JPMorgan believes that in the long term, gold continues to benefit from the Fed's rate-cutting cycle, central bank purchases, and the global trend of currency devaluation.
Gold Prices Rise With Elections, Fed Meeting in Focus