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Gold traders are eagerly awaiting the outcome of the US presidential election on November 3rd.
What will happen to gold if Trump wins? And what would happen if Democrat Joe Biden came to the White House?
This morning, growth data for the Japanese economy was released, which showed a contraction for the third consecutive quarter, as GDP fell by 28.1% in the second quarter of 2020,
US equity index contracts have witnessed a slight decline on the start of trading on Tuesday, as markets await a number of major earnings reports to be released today.
Learn what the US Non-Farm Employment Change (also known as the Non-Farm Payroll or NFP) is and how it affects the monetary policy of the United States
Learn about important economic concepts like inflation and GDP in this easy-to-understand guide.
Analysts at Bank of America, for one, are optimistic on the outlook for the yellow metal, raising their 18-month price target to $3,000 an ounce, more than half as much again as the nine-year old record of around $1,921.
Learn about deflation, disinflation, hyperinflation, stagflation and more.
With the beginning of the week’s trading, stock futures in the United States continued the bullish movement of last week, when Dow Jones rose from 25800 at the time of writing, the Dow Jones has increased by more than 375 points, and the S&P 500 and Nasdaq futures are also trading at higher levels.
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