gold prices surge after trump victory
Last Updated : GMT 05:21:58
Arab Today, arab today
Arab Today, arab today
Last Updated : GMT 05:21:58
Arab Today, arab today

Gold prices surge after Trump victory

Arab Today, arab today

Arab Today, arab today Gold prices surge after Trump victory

Gold price retreats after initial surge on U.S. election result
London - MENA

In wake of Donald Trump win of the US presidential elections, the price of gold surged nearly 4% to $1,316 an ounce, the biggest jump for the yellow metal, which is often seen as one of the world’s safest assets, since the Brexit vote this past summer.

The price of U.S. Treasury bonds are also rising, sending yields lower, in response to Trump win in the presidential elections.

Gold is soaring as investors are overnight bailing out of stocks world wide. 

There’s also been a sell off in the Mexican peso. The market has long seen the Mexican economy as the most vulnerable to a Trump presidency.

Mexico’s economy is dependent on the U.S. and Trump has cutting on pulling back economic ties to the neighboring country. 

A number of economists have also worried that Trump’s economic policies, like imposing tariffs on China and limiting immigration could slow the U.S. economy, and cause prices to surge. 

Gold is often seen as a hedge against inflation.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

gold prices surge after trump victory gold prices surge after trump victory

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

gold prices surge after trump victory gold prices surge after trump victory

 



Arab Today, arab today Modern colorful bedroom renovation

GMT 11:23 2017 Thursday ,21 December

Modern colorful bedroom renovation

GMT 07:41 2017 Friday ,06 October

DFSA censures finance officer

GMT 11:53 2016 Monday ,12 December

Acolytes of Pina Bausch keep her dance in motion

GMT 14:08 2017 Friday ,15 September

New York unveils plan to cut building CO2 emissions

GMT 10:02 2018 Wednesday ,12 December

Tottenham, PSG, Liverpool reach Champions League last 16

GMT 03:53 2018 Thursday ,18 January

Republican senator slams Trump for Stalin-like attacks

GMT 22:36 2016 Thursday ,28 April

4 flights from Germany arrives at Luxor airport

GMT 10:58 2017 Thursday ,21 December

Suspected cholera cases reach one million in Yemen

GMT 12:18 2017 Friday ,10 March

China expects 'relatively stable' yuan in 2017

GMT 08:14 2016 Thursday ,27 October

US strike in Yemen kills 5 Qaeda members

GMT 07:51 2017 Tuesday ,03 January

Police question Netanyahu

GMT 22:38 2017 Sunday ,08 January

Daesh claims deadly market blast in Baghdad

GMT 04:23 2017 Saturday ,09 September

Sukin announces new beauty launches

GMT 11:52 2017 Saturday ,14 January

Colombian rebels hopeful of dialogue with gov't

GMT 05:30 2017 Wednesday ,08 March

OECD: Trade pullback to hamper growth
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday