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Us election voter turnout 2020. 2020 gold price forecast and gold stocks. The us presidential race is on and with less than a month until the 2020 election political tensions are running high. Gold prices drop as investors await us election results spot gold was down 01 at 189252 per ounce by 0353 gmt.
Precious metals outlook 2020. Ceos analysts on gold silver and platinum. Recall that when george w.
Gold futures gained 08 to 190750. This is causing volatility in the financial markets as the future price of currency commodities and stocks is uncertain. Presidential results prompted investors to seek the refuge of the safe haven metal.
Gold rose on tuesday as the dollar slipped and ambiguity regarding the declaration of us. This would mean the gold price would have to rise more than 200 from its current levels. Us election result 2020.
In the non election years 2017 and 2018 the price of gold remained fairly steady. Spot gold rose 06 at 190683 per ounce by 1149 am. 2020 gold price forecast gold stocks to watch.
And ended at 1530oz a difference of more than 18. If the gop keeps the white house in 2020 its not necessarily bad news for metals investors. Its only a matter of whether the election results accelerate the debt fueled monetary crisis that is coming.
Gold futures were little changed at 189200 per ounce. A record high in gold was set back in august when december futures climbed above 2070 an ounce for the first time. Where could gold prices head before and after the 2020 election.
Bush won re election in november 2004 gold was trading at a mere 450oz. Last year the price started at around 1290oz. Us election 2020 and gold.
Gold sees price pause us presidential election results awaited nov 4 2020 0755am renewable energy pot stocks top losers as election results leave wall street hanging. At the time of writing december comex gold futures were trading at 187000 up 051 on the day. Get more commodities news and business news on zee business.
But in 2019 as the presidential election drew closer the price of gold took off.
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