Regardless Of Price, Gold Investment Demand Increases On Rising Market Uncertainty

by Steve St. Angelo
SRSRocco Report

Global gold investment demand has increased due to rising uncertainty in the financial markets and the unpredictability associated with a new Trump Presidency. Not only has gold investment demand surged this year, sales of the U.S. Mint Gold Eagles spiked the day after the U.S. President election.

Interestingly, the current price action in gold and silver seems to suggest that market has no need for top two precious metals. While the gold price spiked to almost $1,340 late Tuesday night when Trump began to lead in the Presidential election, it has continued lower to $1,226 on early Friday trading.

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