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U.S. Gold Demand Dropped in October, Offering Some Voter Insights for Election Day
Impact of Election Scenarios on Financial Assets: Historical Trends and Analyst Insights
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.
Pacific Securities: Overseas core inflation resilience is strong, bullish on metal price increases.
This week, the average price of copper concentrate TC is $11.09 per ton, a change of + $0.23 per ton compared to last week. The shortage of resources in domestic smelters has eased slightly, and TC prices continue to rise slightly.
Copper and Other Metals Rise as Dollar Falls Before US Vote
Earnings Preview: Galiano Gold to Report Financial Results Post-market on November 07