US Election Results: A Potential Influence on Gold Prices

Tina Collins

Nov 4, 2024 — 1 min read

US Election Results: A Potential Influence on Gold Prices

Gold reached all-time highs in 2024, rising significantly during both Trump’s and Biden’s terms.

While election results typically don't affect Gold prices immediately, administration policies do.

The differing views of Trump and Harris on tax cuts, tariffs, and China could influence Gold's outlook.

Gold has become a favored investment amid rising geopolitical tensions and interest rate cuts by central banks.

Voters will choose the next US president on November 5, with recent polls indicating a tougher race for Republicans than expected.

The election outcome may significantly impact financial markets, particularly the price of Gold.

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