Gold saw an unusual advancement this week– an added in cost as Joe Biden was being sworn in as head of state of the USA on Wednesday. Yet can this be a begin of a new bull rally? Below's what the experts needed to state regarding it.
The factor behind the favorable cost action today is a great deal of optimism that the Biden could pass extra stimulus actions rapidly by making it a top priority.
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Why is gold not rallying?
Gold saw a surprising development this week — a run up in price as Joe Biden was being sworn in as president of the United States on Wednesday. But can this be a start of a new bull rally? Here’s what the analysts had to say about it.
The reason behind the positive price action this week is a lot of optimism that the Biden could pass additional stimulus measures quickly by making it a priority. __________________________________________________________________ Kitco News is the world’s #1 source of metals market information. Our videos feature interviews with prominent industry figures to bring you market-affecting insights, with the goal of helping people make informed investment decisions.
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