HomeFeatures & AnalysisTrump victory to increase global uncertainty, will boost gold price

Trump victory to increase global uncertainty, will boost gold price

Stevenson said, “Gold has traditionally risen in value at times of global fear and uncertainty.  The prospect of Donald Trump becoming U.S. President represents a moment of heightened global uncertainty and fear for investors and I predict a significant rise in the gold price as result, if that was to happen.”

“Investors would buy gold as a hedge against the uncertainty that a Trump victory would bring to the U.S. economy and to global markets.”

Australia’s precious metals sector will be gathering in Sydney on 10 – 11 October for the 7th annual Precious Metals Symposium, and features many of Australia’s leading gold and silver producers and explorers, as well as bullion suppliers and refiners providing attendees with the full “life cycle” of the precious metals sector.

[quote]The Precious Metals Symposium provides investors with a unique opportunity to learn more about the macroeconomic and political forces shaping precious metals prices and the current state of the Australian precious metals sector from the key industry players themselves.

Keynote speakers include senior representatives of the Shanghai Gold Exchange, The Perth Mint, Zee Gold Exchange and Thomson Reuters/GFMS, who will provide a unique insight into what’s driving the global economy and how to invest for wealth.