As the surprising results of the American Elections came through, markets have reacted with a surge of volatility. Precious metals, often seen as a refuge during uncertain times, took a hit in this climate of anticipation. The price of silver crashed with a noticeable 5% decline, while the gold market wasn’t left unscathed either, losing 3% in the aftermath of the election results. It’s a remarkable demonstration of the effect geopolitical events can have on the financial market. The win of President Trump has clearly stirred the waters, causing a ripple that reached as far as the precious metals market. Read More
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