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What's the gold price forecast for November 2024?
"Gold prices may stabilize somewhat in November following the election," Martin says."This could be short-lived, as neither party has a clear plan to address the growing deficit. In times of economic uncertainty, like the one we're in, gold tends to outperform, though it may be a volatile journey upwards."
Gold price today: Gold is trading at $2,697.51
Gold was trading at $2,697.51 per troy ounce as of 9 a.m. ET. That’s a +0.48% change since yesterday. The precious metal is up 30.55% since Jan. 1, 2024. Over the last day, its highest trading price was $2,710.44, while its lowest was $2,680.40.
Gold prices head lower for a second straight week
Gold prices declined on Friday, contributing to a loss for the week, as investors continued to digest the impact of Donald Trump's victory in the U.S. presidential election. On the heels of the election,
CBS News
2d
Should gold investors add more to their portfolio as the price rises?
This has been
gold
's year. The precious metal has been on a tear in recent months, outperforming many other asset classes ...
2d
on MSN
Gold poised for biggest weekly fall in over five months on dollar strength
Gold prices dropped on Friday, poised for their steepest weekly decline in over five months, pressured by a stronger dollar ...
1h
Gold, Bond Yield, US Dollar Technical Analysis Ahead of US Inflation Figures
On the other hand, the US dollar (DXY) strengthened after the Federal Reserve’s rate cut. This signals that the central bank ...
4d
on MSN
Why Is Gold Falling After Trump's Election Win?
Rising bond yields, rallying stocks and a surging U.S. dollar all weighed on the price of gold in the wake of former ...
3d
on MSN
Gold ETF demand turns positive for year-to-date, says WGC
Global physically-backed gold exchange-traded funds (ETFs) saw inflows for the sixth straight month in October, with ...
1d
‘Gold Rush’ Star Parker Schnabel Gets Candid About His Love Life & Future Dreams
The gold mining prodigy also opened up about his family aspirations — and whether he’d want his children to follow in his ...
1d
Gold Rush fans concerned about Rick Ness’ physical changes in Season 15
Gold Rush fans express concern over Rick Ness' physical appearance in Season 15, sparking discussions about the reasons.
13h
on MSN
Gold Star Chili offers free meals to veterans for Veterans Day
Gold Star Chili is bringing back its annual Veterans Day celebration for 2024 with complimentary meals for veterans.
1d
on MSN
‘Gold Rush’: Rick Ness Faces Disaster in Dramatic Season 15 Premiere
It’s back to the Yukon for the miners of Gold Rush as the popular Discovery Channel series returned with the Season 15 ...
2d
on MSN
Gold logs biggest weekly fall in over five months on dollar strength
Gold prices dropped on Friday, logging their steepest weekly decline in over five months, pressured by a stronger dollar and ...
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