Do elections affect gold? Or is it the other way around -- does the price of gold predict which president will win an election? We look back at how past elections and the gold and precious metals markets influence each other.
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Do elections affect gold? Or is it the other way around -- does the price of gold predict which president will win an election? We look back at how past elections and the gold and precious metals markets influence each other.
If you only look at the prices of gold and other precious metals over the last week, it would appear as if the price of precious metals haven’t made much progress in 2024. But take a deeper look and it's clear that the price of gold and other precious metals are simply taking a breather after having a big couple of weeks on the heels of the Federal Reserve’s meeting.