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Gold Bulls Couldn’t Withstand Trump Win; What Next?

Posted on 14 November 2016

Heading into the week, expectations were high that a surprise Trump win would be bullish for gold prices; that optimism has been dashed with gold prices ending the week at a five-month low. Although volatility and uncertainty remain extremely high in financial markets, some analysts are expecting to see lower gold prices in the near-term as markets continue to digest President-elect Donald Trump’s fiscal policies.
Expectations that a Trump presidency will increase infrastructure spending is helping to boost optimism in the industrial metals complex as well as in U.S. equities, while safe-haven assets like U.S. bond yields and gold continue to suffer…………………………………….Full Article: Source


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