💨 Abstract

Gold prices increased on Tuesday due to political tensions and potential uncertainty following the U.S. presidential election. Opinion polls show a close race between Donald Trump and Kamala Harris, with a possible contested result. Gold is seen as a hedge against economic and political uncertainty, and has risen over 33% this year due to low interest rates. Investors are particularly concerned about a delayed or unclear election outcome, which could fuel unrest.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖