The real ‘winner’ of the Presidential debate; why stocks rallied and gold price fell afterward

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Complying with Tuesday evening's discussion in between President Donald Trump and former Vice-President Joe Biden, stocks climbed up higher, with the S&P 500 up 1% on Wednesday's session. Gold saw pressure, dipping 0.3%, while silver dropped by 3%.

While both prospects questioned on numerous controversial problems ranging from the pandemic to the economy, something was clear: even more stimulation would certainly be included in the economic climate from either side, stated Will Rhind, CEO of GraniteShares.

" I assume one thing that we can be practically certain about is that the large winner from last evening's discussion is stimulation," Rhind said.

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