Why is the spot price of gold so low?

[SunTrader]

And that will be once all those long permabulls, exchange one metal for another, cashing in their gold losses for tin ... foil.

 

[Pricechange]

Try to concentrate on metals in general when asking this (gold is just too manipulated by the Fed). Then watch the miners price action. Someone (we know who) is shorting metals (miners and producers) stocks HARD ....and just like that, traders are BUYING them on every dip. The spot is how you manipulate prices but the daily market price action shows a better picture....buying the hell out of the dips shows your overall bullish theory is real.
Concentrate on just a few big names to start. AA, X, CLF ect..

kmiklas bullish theory holding strong and looking great going forward when investing in general metals AA, X, CLF

 

[murray t turtle]

The reason for depressed gold price is it's all Trump's fault.
Gold lost its sparkle since Trump lost the vote.
Trump is selling gold to pay the bills.

Glory days of Trump's gold-plated 757 seem far away as plane sits idle at a sleepy airport
https://www.9news.com.au/world/dona...-airport/5f820894-184e-4f96-bfad-79c539c75fad

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LOL, you sure its not that gold has no earnings, no dividends+ specs like SPY + SLV better??

 

[themickey]

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LOL, you sure its not that gold has no earnings, no dividends+ specs like SPY + SLV better??

Tru dat, but I'd rather blame Trump, its just quicker and I'll get more likes.

 

[yc47ib]

When all the longs in gold give up, gold will rise. Before that happens, too many will keep selling any bump ups.

let's see 1419, then price should rebound from there.

 

[Nicolemaz]

I don’t think there is any reason to worry about why it happens. Even if you want to trade it, you should focus on how it will affect you rather than why the price is low.