Gold Breaks Election Year Norms Amid Heightened Global Tensions Gold prices have reached record highs in 2024, defying typical behavior during U.S. presidential election years. According to the World Gold Council, while elections historically have not directly impacted gold performance, the current political climate of increased polarization and elevated geopolitical risks may be encouraging investors to seek gold as a hedge against portfolio risk. This unique environment has contributed to gold’s strong performance, with prices up 16% year-to-date and reaching an all-time intraday high of $2,488.40 on July 17. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts American Dream Fades: Poll Reveals Growing Pessimism About Financial Goals READ MORE Commodities Cool Off Ahead of Key Economic Data READ MORE Banks Under Pressure: Rising Concerns Over Commercial Real Estate Exposures READ MORE Charted: Workers Win As Wage Growth Outpaces Inflation READ MORE Nasdaq: Where are Precious Metals Prices Heading in Q2? READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment