Is Harris the next US President?
Gold Spot Price
$AU3646
Silver Spot Price
$AU44.26
Platinum Spot price $AU1447
In the next story instalment of ‘Who’s the next President?’, Biden seems to have lost his pole position for the Democrats and Kamala Harris is taking the reins. Harris has begun campaigning with a Rally in Wisconsin, telling voters ‘It will be choice between freedom and chaos’ in a reference to choosing Trump in the coming election. We’re expecting to hear from Biden later today, informing the country on how he will see out the rest of his term as US President.
Mortgage stress rose again for Australians in June, with 1 Million mortgages now considered ‘extremely at risk’. And economists are looking to the RBA in the coming weeks in anticipation of yet another rate rise. Many are predicting our cash rate to increase from 4.35% to 4.6% – a move that could well see Aussies crumble under the stress.
Gold pulled back healthily from its recent high, but we’re predicting a little volatility into the next period.
Enjoy today’s charts.
Gold daily chart, with 200MDA

Silver daily chart, with 200MDA

US500, with 200MDA

ASX200, with 200MDA
