[Video Update] What is Driving the Rally in Gold this Week?

In today’s video update Mark O’Byrne discusses what is driving gold’s rally this week.

Also in this episode…

  • Have gold and silver prices formed a base?
  • What will stop the dollar sell-off?
  • Why is Bitcoin falling while gold rises?
  • What Mark is watching this week?

Click the video below to watch.

Don’t forget to “Like” and share this video and to ensure that you are alerted each time we upload new videos to YouTube, click the subscribe button and hit the notifications bell too!

NEWS and COMMENTARY

Gold hits two-week peak on U.S. stimulus bets

Stocks take a breather, Brexit weighs down sterling

U.S. Congress eyes short-term funding measure as COVID-19, omnibus talks continue

GOLD PRICES (USD, GBP & EUR – AM/ PM LBMA Fix)

07-Dec-20 1832.80 1859.95 1380.46 1397.01 1513.34 1531.11
04-Dec-20 1839.30 1843.00 1368.44 1363.82 1512.46 1515.87
03-Dec-20 1834.80 1832.35 1367.66 1360.34 1515.18 1506.56
02-Dec-20 1832.95 1822.60 1372.15 1369.14 1520.07 1508.02
01-Dec-20 1796.20 1810.75 1344.28 1356.07 1500.73 1509.80
30-Nov-20 1771.95 1762.55 1330.03 1317.51 1478.69 1469.44
27-Nov-20 1808.05 1779.30 1355.86 1333.41 1516.77 1489.63
26-Nov-20 1814.85 1807.40 1358.23 1355.73 1524.11 1518.40
25-Nov-20 1808.55 1810.20 1358.04 1354.93 1520.27 1520.57
24-Nov-20 1818.10 1799.60 1361.21 1350.60 1529.02 1517.24

Buy gold coins and bars and store them in the safest vaults in Zurich, Switzerland with GoldCore.

Learn why Switzerland remains a safe-haven jurisdiction for owning precious metals. Access Our Most Popular Guide, the Essential Guide to Storing Gold in Switzerland here

Receive Our Award Winning Market Updates In Your Inbox – Sign Up Here

Stephen Flood

Stephen Flood is the CEO of GoldCore. He is a former Wall Street equity trader and FinTech expert. He has been involved in the precious metals markets since 2004 and has appeared as an expert contributor on CNBC, CNN, BBC, RTE & Bloomberg TV and has had articles published in the Irish Times, Irish Independent and The Sunday Business Post.

Also on news-goldcore-com

Videos

Patrick Karim, Charts and Gold’s Next Breakout

Gold Down $100? This Really Shouldn’t Be A Surprise

Expect $2,500 – $3,000 Gold In Next 12 Months

Blog posts

Will The Gold Price Shift As Two Great Titans Leave Us?

For much of November gold has been on a tear and this week investors have sent it way up, punching past $2000. Will these giddy heights of over $2,000 be how gold chooses to see out month-end? At the time of writing we cannot be sure.  Yesterday prices did soften ever so slightly but the […]

READ MORE

Gold, a seasonal rally and the future of money

Happy Thanksgiving to all of our readers. For anyone celebrating we hope you have a wonderful day and we thank you for your support this past year.  Big news this week – gold hit $2,030 in intra-day trading on Tue, it didn’t hang on but it did close the day with a hefty $20 gain […]

READ MORE

Gold Pops as Credit Crunch Looms

The double figure pop up in gold on Tuesday was more to do with weakening of the US dollar, than rampant gold demand itself. The significant drop in the fiat currency was largely thanks to the release of October’s CPI report. Echoing that of the previous month, the report showed weaker growth and lower than […]

READ MORE

Featured

The King and Queen will be Gold and Silver

READ MORE
Newsletter
Category
Archives
Popular

No posts available

Videos

Patrick Karim, Charts and Gold’s Next Breakout

Gold Down $100? This Really Shouldn’t Be A Surprise

Expect $2,500 – $3,000 Gold In Next 12 Months

Blog posts

Will The Gold Price Shift As Two Great Titans Leave Us?

For much of November gold has been on a tear and this week investors have sent it way up, punching past $2000. Will these giddy heights of over $2,000 be how gold chooses to see out month-end? At the time of writing we cannot be sure.  Yesterday prices did soften ever so slightly but the […]

READ MORE

Gold, a seasonal rally and the future of money

Happy Thanksgiving to all of our readers. For anyone celebrating we hope you have a wonderful day and we thank you for your support this past year.  Big news this week – gold hit $2,030 in intra-day trading on Tue, it didn’t hang on but it did close the day with a hefty $20 gain […]

READ MORE

Gold Pops as Credit Crunch Looms

The double figure pop up in gold on Tuesday was more to do with weakening of the US dollar, than rampant gold demand itself. The significant drop in the fiat currency was largely thanks to the release of October’s CPI report. Echoing that of the previous month, the report showed weaker growth and lower than […]

READ MORE

Featured

The King and Queen will be Gold and Silver

READ MORE