Gold Price At 3 Week High As Stocks And Dollar Fall On Trump’s Hard Line Stance Against Iran And China
share
share
share
share
share
◆ Gold has edged higher to reach three week highs at $1,535/oz today after Trump took a hard-line stance on China and Iran during his U.N. speech
◆ Stocks fell in the U.S. yesterday and today in Europe on increasing political turmoil in the U.S. and the UK; Concerns about the global economy and the outlook for stocks is enhancing gold’s safe haven appeal
◆ Palladium has surged to an all time record high and we expect gold and silver to follow suit in the coming months due to very elevated geo-political, financial and economic risks
◆ Hard currencies in the form of the monetary metals of gold and silver are outperforming the dollar, euro, pound & all digital fiat currencies and we expect this out performance to continue as currencies are further devalued
Hard currencies are outperforming the dollar, euro, pound & all digital fiat currencies.
*********
share
share
share
share
share
Mark O'Byrne is executive and research director of www.GoldCore.com which he founded in 2003. GoldCore have become one of the leading gold brokers in the world and have over 4,000 clients in over 40 countries and with over $200 million in assets under management and storage.We offer mass affluent, HNW, UHNW and institutional investors including family offices, gold, silver, platinum and palladium bullion in London, Zurich, Singapore, Hong Kong, Dubai and Perth.
