Gold has been on a seemingly unstoppable run this year, leading industry experts to urge investors to buy the dip as and when they are able. Today is that day if you’ve been waiting for the right moment, with what could be the very best opportunity of the year.
The precious metal closed 1.63% down yesterday (Tuesday) at £1,444.69 ($1,892.17) amid new fears that a new economic stimulus package won’t be approved and the news that Johnson & Johnson has paused clinical trials on its coronavirus vaccine.
It’s worth keeping in mind that last week, President Trump said he wouldn’t negotiate terms for more fiscal support then quickly backtracked. Although the House and Senate are said to be at an impasse again, creating an excellent window to buy, it’s entirely possible that we’ll see more flip-flopping on this. Specifically, it’s expected that progress will be made next week when Senate Majority Leader McConnell and Speaker Nancy Pelosi have agreed to meet to discuss revised terms.
We’re already seeing signs that gold is gaining back that lost ground this morning with a 0.27% recovery in early trading. Act quickly and buy now.
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