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Qingdao International Nonferrous Metals Trading Center, Tel QQ: Recruiting members, agents, account opening, investment, high rebate Qingdao International Platform Information Citigroup released a report on Thursday (July 2) saying that if the U.S. Republican presidential candidate Trump wins the election, The risk materializes that gold price volatility will continue to move higher and potentially rise to USD/oz.
There are still days before voting in the U.S. presidential election. The latest polls on Thursday showed that the gap between the two parties has narrowed, with Democratic candidate Hillary Clinton ( ) slightly ahead of Trump.
The New York Times/B poll shows that Hillary’s approval rate is % and Trump’s approval rate is %. In mid-month, the poll showed Clinton leading by 3 points. Meanwhile, the Washington Post/B tracking poll shows Clinton leading by %%, an advantage within the margin of error that has narrowed since last week.
Since the FBI (B) reopened its investigation into Hillary Clinton’s email scandal last Friday (June), the price of gold has risen for five consecutive trading days, and hit .USD/oz on Wednesday (June). Highs in the past month. At the beginning of the Asian market on Friday (June 2), spot gold was trading around US$/ounce.
Citigroup said that gold's implied volatility has risen sharply in the past week since polls showed that Clinton's advantage has narrowed, as investors sought safe havens. As the U.S. election continues to drive gold price trends in the short term, the bank expects gold's volatility to remain elevated before the election on March 1.
Coincidentally, rd, executive director of commodities and foreign exchange at UBS Group B's wealth management subsidiary, said on Wednesday that if Trump is elected next week, we think gold may approach the U.S. dollar. And if Hillary is elected, we think gold is likely to fall or the dollar.
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