November in Precious Metals, by Steven Cochran of Gainesville Coins
Welcome to SurvivalBlog’s Precious Metals Month in Review, where we take a look at “the month that was” in precious metals. Each month, we cover the price action of gold and examine the “what” and “why” behind those numbers. What Did Gold Do in November? Gold was riding high to start the month, but after Donald Trump’s thrashing of Hillary Clinton in the Presidential election, investors bailed from safe havens like gold and bonds to join the party in stocks. By November 3rd, gold was trading above $1,300 an ounce. Factors Affecting Gold This Month There was one overriding factor …