Gold Price in a Recession: Up or Down?

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Where will the gold price go during a recession? Most people seem to think that an economic downturn should coincide with gold price going up. But we provide a detailed look at the gold price in a recession and find out that’s not always the case.

Gold prices are naturally impacted by many factors - manufacturing, GDP growth, real estate prices, inflation, yields etc. Any good gold forecast should keep them in mind. At this moment in time we even have several other factors affecting it - the U.S.-China trade war and Brexit. The combination of all this has increased the chance of a recession to 31.5%

Many investors and traders monitoring the situation feel that a recession should cause a massive influx into gold, the perennial safe-haven asset, thus boosting its price. You can find many a gold price forecast touting numbers like $2000, $3000 and even more.

Nothing is impossible but a gold analysis relying only on one single factor - the emergence of a recession - would be limited. Just like the gold price in 2019 has shown us - it’s always the combination of all factors that governs the trend, not one single event or piece of data.

#Gold
#GoldPrice
#Recession

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[silversurfer]

I have been waiting for this exact video. Thank you!!👍🏼👍🏼👍🏼

[elvismark]

I believe I should watch a video on "How to survive the current recession" given the state of things. Actually, it's a complete failure. The fact that some people could still earn more than $$$k in a short period of time astounded me. If that's still the case, please explain how.

[Furlong]

My local gold store said if gold goes up above $3500 they won't be able to stay in business. Because people won't have the money to buy gold and everyone would want to sell

[shauny]

From that last graph you showed us, it looks to me like Gold is ready for another move higher. It looks like its going to hit $2000 on the next move

[mfb]

Printing this much money to keep things going makes this a unique time. Gold may have it's dips. It's hard to see it going much lower.

[Christoph]

Whenever I look at the longterm chart, as far back as it goes, I always think about how there's a long period of not much until 1980's, and then another long period of not much until 2000's. I've also heard about how there's a 20-30 year cycle for Gold, with a big move only once in that time. We may be waiting another decade or two for a big move. In the meantime we may just see some rolling hills, like what we're in right now. That's what the history of the longterm chart you showed looks like. Only time will tell ...

[karmakarl]

What about silver in a recession? I'd love to hear your views....

[bearteddy]

The risk is QE will destroy the credibility of the currency and no way back.

[anushiyyer]

I have seen you.
Did you worked in Ozark ?

[ultimatehandyman]

Thanks for the video, I’ve watched several of your videos over the last few months and they are always informative.
All the best for 2020 👍

[ДаДа-по]

Hey man. thanks for the video . is this still valid, even after the COVID-19 crises ?

[fahimmuchivocalstudio]

very informative video David, thank you for sharing, just shared it on etoro platform, could you make a video about the oil for next week? its been very bullish ever since the EIA report came out, broke the 55 resistance and now around 56

[MetalBum]

Gold is the best hedge of its a recession or downturn related to debt issues and money printing.

[robertschreiber]

Hi David,
I guess it is not really possible to compare the behaviour of Gold in coming recessions to those in the past.
In previous times gold had competition from the bond market.
It appears to me, that with a debt burden of 185000$ per tax payer,
the bond bond market actually seems to be a risk in itself.

[marknordgard]

US dept more then 23 000 000 000 000 $ and stockmarket rally and ath are crazzy

[Fastcarsdriveslow]

But when is the best time to sell your gold in a recession? When does gold hit is top?

[QuadTap]

i am from the future... 1500 is cheap for gold but wait until you see what bitcoin does

[billrundell]

The price of Precious metals has been manipulated for 30 years.
In a recession PM will still be manipulated to what ever JP Morgan associates want.

[douglashagan]

You see you think that gold is a hedge against inflation do you really think so when the market crashes do you think gold is going to be protected while the dollar and value inflation takes over

[marknordgard]

Nobody knows and any prediction can bee right