Goldpreis Rekordhoch: Impacts of the 2024 US Election
Exploring the Goldpreis Rekordhoch
The goldpreis rekordhoch has surged to a record high of 2,688 USD per ounce just weeks before the US Presidential Election. This spike surpasses the previous record set in September by three dollars.
The Influence of Political Uncertainty
- As the election nears, uncertainty regarding candidates, whether Donald Trump or Kamala Harris, creates heightened volatility in the market.
- Investors tend to seek refuge in gold during such uncertain economic climates.
Economic Factors Driving Demand
Recent declines in oil prices have alleviated fears of rising inflation, leading central banks to consider more room for interest rate cuts. Such conditions generally make gold a more appealing investment. Lower US interest rates could weaken the dollar, making gold, priced in USD, more attractive for international buyers.
The Ongoing Tensions in the Middle East
Additionally, the persistent instability in the Middle East reinforces the allure of gold as a safe-haven asset. Investors remain vigilant as global circumstances evolve.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.