Gold Price Forecast – Gold Markets Grind Higher

Gold Price Forecast – Gold Markets Grind Higher

Gold markets have rallied a bit to kick off the week on Monday, reaching towards the $1890 level rather early. That makes quite a bit of sense, considering that the week is fraught with all kinds of headline risks. The most obvious one of course is the US election, but quite frankly we have the RBA kicking things off late Monday night, early morning in Asia. After that, we have the elections, and then of course we have the Federal Reserve and jobs numbers later in the week. In other words, I expect a lot of volatility and high potential for trouble. In that scenario, gold makes quite a bit of sense. Gold Price Predictions Video 03.11.20

That being said, we could also see the US dollar drive down the value of gold, but that will more than likely be more or less a short-term phenomenon. I do believe […]

About the author: StockMan

Please remember:

The information provided here is for general knowledge and educational purposes only.
It is not intended to be a substitute for professional financial advice.
Every individual's financial situation is unique, and what works for one person may not work for another.
Before making any investment or financial decisions, you should always consult with a qualified financial advisor who understands your specific circumstances and goals.

Any information posted on the website has been prepared without taking into account your objectives, financial situation or needs and as such, should never be acted upon. Please be aware that any information posted on this site should not be considered to be financial advice and i am not a financial advisor.

Posting Guidelines
  • Do contribute something to the discussion
  • Do post factual information, analysis and your view on company valuations
  • Do disclose if you have an interest in a security
  • Do take our Terms of Use seriously
Do Not
  • Do not make low-content posts, unsubstantiated ramps or untruthful/misleading statements
  • Do not complain about a post unless you have reported it first, and not on the forum.
  • Do not post financial advice
  • Do not advertise or post sponsored content

Get involved!

Get Connected!

Come and join our community. Expand your network and get to know new people!


No comments yet