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Ballots to Bullion: Examining the US Election's Effect on Gold 

 

World Gold Council 

July 2024

Category: Invest

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Given the US's pivotal role in the global economy, coupled with the prevailing geopolitical uncertainties, the upcoming presidential election is viewed by many as a watershed moment with far-reaching implications. With recent events in the campaign trail increasing the level of uncertainty for an already divided US electorate, investors are asking about the effect of the election on gold - and this polarisation of the US electorate highlights the need for robust hedges in investor portfolios, a role that gold fulfils effectively. 

In this article by the World Gold Council, we learn that elections have not, historically, had a significant or immediate effect on gold's performance but regardless of the winning candidate, near-term geopolitical risks remain high and may serve as a catalyst for gold.  

Read the full article here for further insights.

The contents of this article are accurate at the time of publishing, are for general information purposes only and do not constitute investment, legal, tax or any other advice. Before making any investment or financial decision, you may wish to seek advice from your financial, legal, tax and/or accounting advisers. 

This article may include references to third-party sources. We do not endorse or guarantee the accuracy of information from external sources, and readers should verify all information independently and use external sources at their own discretion. We are not responsible for any content or consequences arising from such third-party sources. 

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