not sure about the downward trend, depends which time frame you...

not sure about the downward trend, depends which time frame you are looking at, it seems to have reversed the trend in early Nov, the Ernest Henry deal pushed it back to 4.40, now its testing 3.85, the cr price, I think it will hold and resume its upward move, the gold price will do well early next year, the Fed will delay rate rises, too much uncertainty around the new virus strain, Powell is now saying inflation is not transitory, but he has no chance of raising rates in this environment, keeping real yields negative