Written by : Jared Dillian By now, most of my readers are acquainted with my Awesome Portfolio—but if you’re not, you should keep 20% of your portfolio in gold, which I like to call the “anti-investment.” Why? You don’t really buy gold because you think it’s going to go up. You buy gold because it’s…
Markets were anything but dull last night, despite the upcoming Fed meeting. Gold continued its rebound, trading higher within a range of $2404 – $2425.
Gold retained its choppy tone overnight, trading between $2386 – $2403. Want to know what’s driving this volatility?
Gold made a modest recovery last night after dropping $33 to a two-week low yesterday.
Global equity markets slid overnight following yesterday’s heavy selloff in US shares, with the S&P dropping 129 points to a 6-week low.
As of July 22nd, betting sites make Donald Trump a prohibitive favorite in the upcoming presidential election. In today’s column, I will explore how Trump’s economic policies, particularly his advocacy for a weak dollar, could significantly impact the gold market.
Gold continued to rebound last night, adding to gains made yesterday after the market dropped $100 from its ATH of $2484 last Wednesday.