Popular Bank of America analyst and Zero Hedge contributor Michael Hartnett has a new report out about his post-election strategy. Which includes his reasons to be long gold in the months ahead.
The latest price of gold per ounce, gram, and kilogram using real-time interactive gold price charts. View the price of gold for different currencies around the world and various time periods.
In 1934 President Franklin Delano Roosevelt devalued the dollar by raising the price of gold to $35 per ounce.
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A lot of the market activity this year has been driven by the buildup to the election. But now that it's over, what's next for gold and silver? We've seen an historic rally for both metals in 2024.
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Trump has been elected President, and the gold and silver prices are getting slaughtered today. Meanwhile the dollar has risen sharply, and the bond market is also getting clobbered.