Which US presidential candidate does gold prefer?
Gold loves chaos and should be hitting new highs, especially with inflation coming down and with it, two rate cuts likely before year’s end.
Gold futures prices ended the U.S. day session moderately lower Thursday, on some backing and filling on the charts after prices Wednesday hit a five-week high. However, the keen trader and investor anxiety in the world market place did limit selling interest in safe-haven gold.
via Gold Weaker on Chart Consolidation After Recent Gains; Fear Limits Downside.