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The latest news on the bullion market
Ron Schouten | November 25, 2016

Before the elections in the U.S. the outlook was mostly in favour of gold if Trump should became the winner. Well the outcome is different. Since  then gold lost 10% from it’s value and cracked $ 1200 support. Current levels at $ 1185 could become good buying opportunities. But we don’t know if pressure on gold will last. Major headwinds for gold are higher rates and the stronger US dollar.