Price Of Gold ~ November 2020 ~ Where to from here?

Hear from our Investment Analyst, Ethan Perrett, as we continue to follow the Gold trends during the U.S. election.

Disclaimer: the information presented here is valid as of the publishing date and may be subject to change.

 

As predicted, global commodity markets have seen an uptake in the spot price of gold, rising to $1,900 USD. Surprisingly, Thursday saw American equity markets drop 3.4%, which was reflected in the commodity prices. We maintain, given the coming election uncertainty, the gold price will remain elevated in the future. Stay tuned!

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