The short to medium-term expectation for gold depends upon whether or not Joe Biden can maintain his lead into the White Home, or if Donald Trump can defeat present odds and also win, stated Kai Hoffman, creator as well as taking care of supervisor of SOAR Financial Allies.
" If Trump wins we may see a little sel-loff [in gold] once more, even if of danger off, and we see even more assurance or more safety and security in the area and the U.S. dollar could in fact enhance. If Biden actually dominates and also draws with then we'll most likely see a run in gold in my point of view," Hoffman told Kitco News.
0:00 – Gold price expectation
6:14 – Economy and also lockdowns
7:45 – Digital Euro
11:19 – Mining finance
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