Gold Remains Just Below Record High Amidst US Election Day

Reported 20 days ago

As the US election commences, gold prices remain stable near $2,740 an ounce, approaching last week's all-time high. With potential Federal Reserve rate cuts and the likelihood of a contentious election outcome creating uncertainty, gold could be further supported. Analysts suggest a Trump win could drive prices up, while a Harris victory may pressure them down. The overall economic indicators show a resilient job sector, which could influence market dynamics.

Source: YAHOO

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