Investors Flock to Gold as U.S. Election and Middle East Risks Loom

Gold prices have reached record highs as investors seek safe-haven assets amid growing uncertainty surrounding the upcoming U.S. presidential election and ongoing tensions in the Middle East. This surge in gold prices is occurring despite a strong dollar and rising Treasury yields, which typically dampen gold’s appeal. Meanwhile, global stocks are experiencing a slight decline as investors remain cautious about making significant moves before the election.