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Express News | Gold Fields Down 3%, Harmony Gold's US Shares Down 4%, Sibanye Stillwater Down 3.7%
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.
RBC Capital Maintains Gold Fields(GFI.US) With Buy Rating, Maintains Target Price $18
RBC Capital Remains a Buy on Gold Fields (GFI)
U.S. Gold Demand Dropped in October, Offering Some Voter Insights for Election Day
