💨 Abstract

Gold prices held steady on Tuesday, awaiting outcomes from the U.S. presidential election and the Federal Reserve's interest rate decision. Market participants are uncertain about the election result, with opinion polls indicating a close race between Democratic candidate Kamala Harris and Republican Donald Trump. Gold may rise if Harris wins due to her policies supporting low interest rates, but could decrease if Trump wins, causing a sudden dollar spike. The Fed is expected to cut interest rates on Thursday.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖