The 2020 U.S. election is taking place on Nov. 3 with President Donald Trump and former VIce President Joe Biden battling for the lead position.
Gold Price Analysis : The U.S. presidential election will play a huge role in shaping the global economy and gold prices are expected to react in the run up to the election day. So how important is it for the safe haven asset gold if Biden or Trump makes it to the White House?
“There is no doubt that we are likely to see increased volatility in stock markets in the run up to the election day and investors seeking traditional safe havens such as gold, particularly if the race between the two candidates gets very close and there is a growing risk of a contested outcome,” writes Saida Litosh, manager of precious metals analysis at Refinitiv.
Biden or Trump Impact : If the past […]
November 1, 2020 (updated November 1, 2020) Published by StockMan