Us Election Effect On Gold

As both candidates vie for the white house in this high stakes vote looking past the.

Us election effect on gold. Learn what gold prices tend to do around election time and the financial lessons we can apply before we head to the ballot box on november 3 2020. Performance of the gold price from january 2009 to january 2017. The result can be muddled or just a sideways movement.

Bush it s the economy stupid but the economy also. This is causing volatility in the financial markets as the future price of currency commodities and stocks is uncertain. Gold slipped from the us 1 685 level in 2013 to approximately us 1 195 in 2017 a 28 9 percent decrease.

When it comes to the relationship between the economy and us presidential elections causality flows both ways stated differently the strength of the economy has a major impact on which party is elected in the words of bill clinton s successful 92 campaign against george h. Where there s data there s insight. The effect of the election on the price of gold is a topic of passionate debate.

The approaching 2020 us presidential election looks set to be one of the most polarized in recent history. According to tv station komo gold prices typically soar in the month of september before election day and drop in the days leading up to americans going to. At any point in time some factors may be pushing the price higher while others are pushing the price lower.

The us presidential race is on and with less than a month until the 2020 election political tensions are running high. 1 the us economy and the election. How do presidential elections affect gold prices.