Gold Price Outlook Dictated By Presidential Polls, Fiscal Aid Hopes

October 09, 2020 at 09:00PM

Gold’s resilience in the wake of fading fiscal aid hopes suggests that the price of Bullion may hinge on polling data ahead of US Presidential Elections in November.

From: Daniel Moss
Selected by fonecable.com

Search Web: Gold Price Outlook Dictated By Presidential Polls, Fiscal Aid Hopes

ADVERTISEMENT

Sponsored by Harvey Nichols Founded in 1831, a British luxury department store.

ADVERTISEMENT

About Post Author

fonecable

fonecable@outlook.com

https://fonecable.com

Happy

0 %

Sad

0 %

Excited

0 %

Sleepy

0 %

Angry

0 %

Surprise

0 %

24S Worldwide (APAC/EU/US)24S | GET UP TO 300£/$/€ OFF ON YOUR BACK-TO-OFFICE LOOK | **CODE: SHOP100 / SHOP200 / SHOP300**

easypM6CaP — Free Currency Card in the UK; Free Currency Accounts; UK Residence Only

ADVERTISEMENT

HN4WOMAN — Sponsored by **Harvey Nichols** Founded in 1831, a British luxury department store.

ADVERTISEMENT

FX Street

Pound Sterling Price News and Forecast GBP/USD: Britain's Big Bang gamble, Fed decision critical for next moves 23 July 2021

GBP/USD attracted some dip-buying on Friday amid a subdued USD price action. The risk-on impulse in the markets acted as a headwind for the safe-haven

Australia CFTC AUD NC Net Positions down to $-35.7K from previous $-28.8K 23 July 2021

Australia CFTC AUD NC Net Positions down to $-35.7K from previous $-28.8K

United States CFTC Oil NC Net Positions dipped from previous 499.1K to 448.7K 23 July 2021

United States CFTC Oil NC Net Positions dipped from previous 499.1K to 448.7K

United States CFTC S&P 500 NC Net Positions: $34.2K vs previous $75.4K 23 July 2021

United States CFTC S&P 500 NC Net Positions: $34.2K vs previous $75.4K

Japan CFTC JPY NC Net Positions increased to ¥-55.7K from previous ¥-56.3K 23 July 2021

Japan CFTC JPY NC Net Positions increased to ¥-55.7K from previous ¥-56.3K

European Monetary Union CFTC EUR NC Net Positions declined to €45.8K from previous €59.7K 23 July 2021

European Monetary Union CFTC EUR NC Net Positions declined to €45.8K from previous €59.7K

United Kingdom CFTC GBP NC Net Positions: £-3.5K vs previous £8K 23 July 2021

United Kingdom CFTC GBP NC Net Positions: £-3.5K vs previous £8K

United States CFTC Gold NC Net Positions: $196K vs $190.8K 23 July 2021

United States CFTC Gold NC Net Positions: $196K vs $190.8K

US Treasury Sec. Yellen: Urging Congress to act as soon as possible on debt limit 23 July 2021

In a statement published on Friday, US Treasury Secretary Janet Yellen urged Congress to act as soon as possible on debt limit, as reported by Reuters

United States Baker Hughes US Oil Rig Count increased to 387 from previous 380 23 July 2021

United States Baker Hughes US Oil Rig Count increased to 387 from previous 380

FOMC's Powell to communicate recovery remains on track despite Delta variant – TDS 23 July 2021

Previewing next week's FOMC meeting, TD Securities analysts said that they expect Chairman Jerome Powell to communicate that the recovery remains broa

US GDP to grow by 9.5% in the second quarter – RBC 23 July 2021

Previewing next week's key macroeconomic events in the US, economists at RBC Economics noted that they expect the US Bureau of Economic Analysis' init

AUD/USD steadies around 0.7370, looks to close fourth week in the red 23 July 2021

The AUD/USD pair climbed toward 0.7400 during the European trading hours but lots its traction in the second half of the day. At the moment, the pair

USD: Driver of DXY rally switches from yield spreads to risk sentiment – MUFG 23 July 2021

Analysts at MUFG Bank, expect the US dollar to remain bid in near-term but concerns over global growth and a tighter Federal Reserve policy should eas

FOMC Preview: The hiking cycle is still far away – Rabobank 23 July 2021

While inflation is seen as an upside risk to the projected hiking cycle, COVID-19 and its mutations are a downside risk. Analysts at Rabobank point ou

AUD/NZD: Divergence between Autralia and New Zealand to favor the downside – MUFG 23 July 2021

The Australian dollar is facing increasing bearish risk as zero-covid policy could weigh on growth, reinforcing the divergence with the New Zealand do

EUR/USD remains vulnerable near 1.1750 23 July 2021

The EUR/USD remains unable to make a sustained recovery and it keeps pressuring the 1.1750 area. After reaching 1.1780, the pair dropped back to the d

Canada: May retail sales suffered from social distancing measure – NFB 23 July 2021

Data released on Friday showed retail sales in Canada dropped in May 2.1%, the second consecutive slide in a row. According to National Bank of Canada

USD/CAD retreats toward 1.2570 after a spike to 1.2606 23 July 2021

The USD/CAD jumped to 1.2606 during the American session, reaching the highest level in two days and then pulled back below 1.2600. Near the end of th

US: NY Fed's GDP Nowcast stays unchanged at 3.2% for Q2 after this week's data 23 July 2021

The US economy is expected to grow by 3.2% and 4.1% in the second and the third quarter of 2021, respectively, the Federal Reserve Bank of New York's

Gold Price Outlook Dictated By Presidential Polls, Fiscal Aid Hopes

October 09, 2020 at 09:00PM

Gold’s resilience in the wake of fading fiscal aid hopes suggests that the price of Bullion may hinge on polling data ahead of US Presidential Elections in November.

Search Web: Gold Price Outlook Dictated By Presidential Polls, Fiscal Aid Hopes

ADVERTISEMENT

Sponsored by Harvey Nichols Founded in 1831, a British luxury department store.

ADVERTISEMENT

ADVERTISEMENT

Sponsored by Harvey Nichols Founded in 1831, a British luxury department store.

ADVERTISEMENT

Recent Posts

About Post Author

fonecable

ADVERTISEMENT

24S Worldwide (APAC/EU/US)24S | GET UP TO 300£/$/€ OFF ON YOUR BACK-TO-OFFICE LOOK | CODE: SHOP100 / SHOP200 / SHOP300

ADVERTISEMENT

Free Currency Card in the UK; Free Currency Accounts; UK Residence Only

ADVERTISEMENT

Related Listening

December Reports

November Reports

October Reports

September Reports

August Reports

ADVERTISEMENT

Sponsored by Harvey Nichols Founded in 1831, a British luxury department store.

ADVERTISEMENT

July Reports

ADVERTISEMENT

Sponsored by Harvey Nichols Founded in 1831, a British luxury department store.

ADVERTISEMENT

Average Rating

Leave a Reply Cancel reply

EUR/USD Set to Close Above Key Level After Hitting More Than 2-Week High