2020 October

US ELECTIONS, MONETARY EASING AND SUPPLY SUPPORTING GOLD PRICES

Posted by Augmont
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On October 22, 2020

The price of an ounce of gold peaked at a record $2075 an ounce in August but has since slipped back, trading at $1900 an ounce in mid-October. The market consensus is that a Biden win would hit markets, as investors react negatively to a tougher tax and regulatory agenda.

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GOLD RUSH: WILL THE RALLY CONTINUE?

Posted by Augmont
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On October 12, 2020

Gold has enjoyed a meteoric rise this year, hitting a record in early August on the back of a weak dollar and continued Federal Reserve support. Negative U.S. real rates have stabilized and started to move higher in August, with gold moving lower as a result. The impact of real

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GOLD ETF WRAP UP BEST RUN IN A DECADE

Posted by Augmont
  |  
On October 5, 2020

Last month’s Fed announcement suggesting rates may remain near zero for the foreseeable future, coupled with real rates in most developed countries hovering at negatives, extends an environment where the opportunity cost of gold can remain low for investors. At the same time as economic and geopolitical indicators continue to

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