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On US Election Day, Asia Mostly In Green, Europe Mixed, Dollar Softens - Global Markets Today While US Slept
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 Continues Downward Drift Ahead of Down-to-the-wire U.S. Election
Update: Gold Edges Down Even as Dollar and Yields Drop Ahead of U.S. Election and Fed Meeting
Asia Mixed, Europe Market Rallies In US Election Week; Crude Oil Up 2% - Global Markets Today While US Slept
Gold Is Hovering Near All-time Highs. Here's How Investors Can Play the Craze.