How US Election Outcomes Could Boost Precious Metal Prices

Gold’s recent strong performance, driven by a 20% year-to-date increase, is likely to continue regardless of the US election outcome due to several factors. These include fiscal concerns, safe-haven appeal during economic uncertainty, potential Federal Reserve rate cuts, geopolitical tensions, and de-dollarization efforts by central banks. Both major US political parties are expected to maintain or expand deficit spending, which could boost inflation and support gold prices. Additionally, gold’s historical role as a hedge against economic instability and its consistent outperformance of inflation make it an attractive option for investors seeking to preserve wealth in an uncertain political and economic climate.