Gold Price Forecast Election

At the same time the price of gold has been incrementally increasing since november 2016 it s risen from us 1 183 per ounce at that time to around us 1 900 a month before this year s election.

Gold price forecast election. The gold price forecast at the end of the month 1846 change for january 2 5. That could happen by election night he says. The link to 2004 and 2008 might not be as important due to the fundamental similarities in both years including massive stock price plunges and precious metals.

We also have to consider the fed s diminishing ability to respond effectively to crisis their toolbox is indeed getting low. My forecast for the gold price in 2021 is based on the current environment of negative real yields a weak dollar rising inflation expectations and ongoing monetary and fiscal stimulus. Chief analyst founder igold advisor.

Towards the end of 2019 the price of gold sat around 1 470 per oz and this growth came about for a number of reasons but the most obvious of them being the possibility of an impending recession globally. In the beginning price at 1893 dollars. Next surge to follow us election.

3 with president donald trump and former vice president joe biden battling for the lead position. Peter schiff ceo of euro pacific capital told kitco news that if president trump loses the 2020 election and joe biden or bernie sanders wins the price of gold could surpass 2 000 oz. 3 with president donald trump and former vice president joe biden battling for the lead position gold price analysis.

High price 1963 low 1754. The best long term short term gold price prognosis for 2021 2022 2023 2024 2025 2026 with daily gold exchange. The 2019 growth for gold sat at around 15 percent which is one of the biggest years for gold since 2010.

The average for the month 1864. Gold price forecast for january 2021. Election is taking place on nov.