Gold price solidly up; uncertainty on Trump's motives?

Gold price solidly up; uncertainty on Trump’s motives?

Editor’s Note: With so much market volatility, stay on top of daily news! Get caught up in minutes with our speedy summary of today’s must-read news and expert opinions. Sign up here! ( Kitco News ) – Gold prices hit daily highs and are trading solidly higher in morning dealings Friday. The yellow metal started to move to higher levels on the day when U.S. Treasury Secretary Mnuchin was being interviewed on CNBC, trying to explain why the Trump administration would try to stop an emergency government lending program for American citizens, and not extend it into next year, even though there was funding for it. There are growing notions in the marketplace that Trump’s recent actions, including the aforementioned, are aimed at making life as miserable as possible for incoming President-Elect Joe Biden. Notions appear to be growing regarding just what Trump may do over the next two […]

About the author: StockMan
Tell us something about yourself.
Posting Guidelines
Do
  • 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!

Comments

No comments yet