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 Warning Signs: Recent Bank Failures and the Fragile Global Financial System READ MORE Invesco Strategist Predicts Multiple Reductions in 2024 READ MORE Fed Rate Cut Expectations Drive 30-Year Mortgage Rates Down to 6.35% READ MORE US Debt and the Rising Specter of Bond Vigilantes: A Financial Stability Threat? READ MORE The Looming Disaster in Commercial Real Estate Explained READ MORE Add a Comment Cancel replyYour email address will not be published.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