{"id":51428,"date":"2024-11-03T20:00:00","date_gmt":"2024-11-03T19:00:00","guid":{"rendered":"https:\/\/www.11onze.cat\/?p=51428"},"modified":"2024-10-30T12:57:51","modified_gmt":"2024-10-30T11:57:51","slug":"gold-prices-us-elections","status":"publish","type":"post","link":"https:\/\/www.11onze.cat\/en\/magazine\/gold-prices-us-elections\/","title":{"rendered":"Gold prices and the US elections"},"content":{"rendered":"
\n
\n\n\n
\n
\n

Gold prices tend to rise when geopolitical risks increase. But what relevance does this have concerning a US presidential election, and could a Donald Trump victory send the price of gold upwards, even when it continues to set record highs?<\/b><\/h3>\n

 <\/p>\n

The presidential election in the United States on 5 November is fuelling <\/span>speculation among investors about how the price of gold may evolve in the days and weeks following the election<\/b>. According to a new <\/span>report<\/span><\/a> by the World Gold Council (WGC), high geopolitical risk may encourage investors to seek gold as a hedge.<\/span><\/p>\n

Although, historically, gold tends to underperform its long-term average in the run-up to US presidential elections, <\/span>US elections have not generally been considered a geopolitical risk<\/b>. This year, however, Juan Carlos Artigas, global head of research at the World Gold Council, warns that these elections \u2018will take place in an environment in which electorates, both in the US and globally, are increasingly polarised and geopolitical risk is significantly elevated.\u2019<\/span><\/p>\n

The WGC analysis suggests that \u2018while demand for bullion and gold coins in the US appears to increase, on average, during Democratic presidencies, other segments of investment demand do not\u2019. He points out that \u2018<\/span>party affiliation does not have a consistent impact on price during US elections<\/b>. Instead, any president’s economic policies, both domestic and foreign, are more relevant to the behaviour of financial assets, including gold.\u2019<\/span><\/p>\n

 <\/p>\n

Is gold apolitical?<\/b><\/h3>\n

According to the study, two opposing trends can be observed: <\/span>gold appears to trend upwards six months before the election of a Republican president and remains stable in the post-election period<\/b>. Conversely, it falls in price before the election of a Democratic president and falls just below its long-term average in the six months after the election.<\/span><\/p>\n

That said, the WGC argues that these results are not statistically significant, since there is appreciable variability and there are few examples for each of the cases analysed. Therefore, <\/span>the price of gold is likely to respond more to specific policies than to the party affiliation <\/b>of the president-elect.<\/span><\/p>\n

In this context, <\/span>the policies of tax cuts, tariffs and less regulation promoted by Donald Trump’s candidacy are seen as inflationary <\/b>on Wall Street and the Federal Reserve could be forced to raise interest rates again. A scenario that would put gold \u2018in a prime position to rally,\u2019 said Gregory Shearer, an analyst at JPMorgan Chase.<\/span><\/p>\n

This perception that <\/span>gold offers the best hedge for an investment portfolio in the event of Donald Trump retaking the White House <\/b>seems to be confirmed in the latest Bloomberg <\/span>survey<\/span><\/a>. \u201cProponents of the precious metal as a haven play in case of Trump\u2019s reelection outnumbered those picking the US dollar two-to-one among the 480 respondents\u201d, the news agency explained.<\/span><\/p>\n

If you want to discover the best option to protect your savings, enter <\/b>Preciosos 11Onze<\/b><\/a>. We will help you buy at the best price the safe-haven asset par excellence: physical gold.<\/b><\/p>\n\n <\/div>\n <\/div>\n <\/div>\n<\/div>\n\n\n

\n
\n
\n
\n

If you liked this article, we recommend:<\/h1>\n
\n
\n <\/a>\n
\n \"\"\n Finances<\/span>\n <\/div>\n
\n

What are the stages of an economic cycle?<\/strong><\/p>\n 3 min read<\/span>\n

The term business cycle refers to the fluctuations in…<\/p>\n <\/div>\n <\/div>\n\n\n

\n <\/a>\n
\n \"\"\n Finances<\/span>\n <\/div>\n
\n

The guide to buying gold with Preciosos 11Onze<\/strong><\/p>\n 3 min read<\/span>\n

At 11Onze we want to help you protect your savings in an…<\/p>\n <\/div>\n <\/div>\n\n\n

\n <\/a>\n
\n \"\"\n Finances<\/span>\n <\/div>\n
\n

Gold goes up 12% in the first half of the year<\/strong><\/p>\n 3 min read<\/span>\n

During the first six months of the year, gold has…<\/p>\n <\/div>\n <\/div>\n\n <\/div>\n
\n
\n

\n\n <\/div>\n <\/div>\n <\/div>\n <\/div>\n<\/div>","protected":false},"excerpt":{"rendered":"","protected":false},"author":71,"featured_media":51419,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":true,"content-type":"","footnotes":""},"categories":[1],"tags":[20],"class_list":["post-51428","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized","tag-finances"],"acf":[],"yoast_head":"\nGold prices and the US elections -11Onze<\/title>\n<meta name=\"description\" content=\"How will the 5 November presidential election in the United States affect the price of gold?\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.11onze.cat\/en\/magazine\/gold-prices-us-elections\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Gold prices and the US elections -11Onze\" \/>\n<meta property=\"og:description\" content=\"How will the 5 November presidential election in the United States affect the price of gold?\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.11onze.cat\/en\/magazine\/gold-prices-us-elections\/\" \/>\n<meta property=\"og:site_name\" content=\"11Onze Comunitat Fintech\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/11OnzeComunitat\" \/>\n<meta property=\"article:published_time\" content=\"2024-11-03T19:00:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.11onze.cat\/wp-content\/uploads\/2024\/08\/11ONZE_Or_Eleccions_EUA.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"675\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Equip Editorial\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@11OnzeFintech\" \/>\n<meta name=\"twitter:site\" content=\"@11OnzeFintech\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Equip Editorial\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.11onze.cat\\\/en\\\/magazine\\\/gold-prices-us-elections\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.11onze.cat\\\/en\\\/magazine\\\/gold-prices-us-elections\\\/\"},\"author\":{\"name\":\"Equip Editorial\",\"@id\":\"https:\\\/\\\/www.11onze.cat\\\/en\\\/#\\\/schema\\\/person\\\/636d99b4c82bb7178687ecd43c3a61bd\"},\"headline\":\"Gold prices and the US elections\",\"datePublished\":\"2024-11-03T19:00:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.11onze.cat\\\/en\\\/magazine\\\/gold-prices-us-elections\\\/\"},\"wordCount\":6,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/www.11onze.cat\\\/en\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/www.11onze.cat\\\/en\\\/magazine\\\/gold-prices-us-elections\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.11onze.cat\\\/wp-content\\\/uploads\\\/2024\\\/08\\\/THUMBNAIL_Or_Eleccions_EUA.jpg\",\"keywords\":[\"Finances\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.11onze.cat\\\/en\\\/magazine\\\/gold-prices-us-elections\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.11onze.cat\\\/en\\\/magazine\\\/gold-prices-us-elections\\\/\",\"url\":\"https:\\\/\\\/www.11onze.cat\\\/en\\\/magazine\\\/gold-prices-us-elections\\\/\",\"name\":\"Gold prices and the US elections -11Onze\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.11onze.cat\\\/en\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.11onze.cat\\\/en\\\/magazine\\\/gold-prices-us-elections\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.11onze.cat\\\/en\\\/magazine\\\/gold-prices-us-elections\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.11onze.cat\\\/wp-content\\\/uploads\\\/2024\\\/08\\\/THUMBNAIL_Or_Eleccions_EUA.jpg\",\"datePublished\":\"2024-11-03T19:00:00+00:00\",\"description\":\"How will the 5 November presidential election in the United States affect the price of gold?\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.11onze.cat\\\/en\\\/magazine\\\/gold-prices-us-elections\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.11onze.cat\\\/en\\\/magazine\\\/gold-prices-us-elections\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.11onze.cat\\\/en\\\/magazine\\\/gold-prices-us-elections\\\/#primaryimage\",\"url\":\"https:\\\/\\\/www.11onze.cat\\\/wp-content\\\/uploads\\\/2024\\\/08\\\/THUMBNAIL_Or_Eleccions_EUA.jpg\",\"contentUrl\":\"https:\\\/\\\/www.11onze.cat\\\/wp-content\\\/uploads\\\/2024\\\/08\\\/THUMBNAIL_Or_Eleccions_EUA.jpg\",\"width\":1200,\"height\":800},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.11onze.cat\\\/en\\\/magazine\\\/gold-prices-us-elections\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.11onze.cat\\\/en\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Gold prices and the US elections\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.11onze.cat\\\/en\\\/#website\",\"url\":\"https:\\\/\\\/www.11onze.cat\\\/en\\\/\",\"name\":\"11Onze Comunitat Fintech\",\"description\":\"First digital fintech community in Catalonia\",\"publisher\":{\"@id\":\"https:\\\/\\\/www.11onze.cat\\\/en\\\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.11onze.cat\\\/en\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/www.11onze.cat\\\/en\\\/#organization\",\"name\":\"11Onze Comunitat Fintech\",\"url\":\"https:\\\/\\\/www.11onze.cat\\\/en\\\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.11onze.cat\\\/en\\\/#\\\/schema\\\/logo\\\/image\\\/\",\"url\":\"https:\\\/\\\/www.11onze.cat\\\/wp-content\\\/uploads\\\/2021\\\/04\\\/512x512-11Onze.jpg\",\"contentUrl\":\"https:\\\/\\\/www.11onze.cat\\\/wp-content\\\/uploads\\\/2021\\\/04\\\/512x512-11Onze.jpg\",\"width\":512,\"height\":512,\"caption\":\"11Onze Comunitat Fintech\"},\"image\":{\"@id\":\"https:\\\/\\\/www.11onze.cat\\\/en\\\/#\\\/schema\\\/logo\\\/image\\\/\"},\"sameAs\":[\"https:\\\/\\\/www.facebook.com\\\/11OnzeComunitat\",\"https:\\\/\\\/x.com\\\/11OnzeFintech\",\"https:\\\/\\\/www.instagram.com\\\/11onzecat\\\/\",\"https:\\\/\\\/www.linkedin.com\\\/company\\\/11onzebanc\",\"https:\\\/\\\/www.youtube.com\\\/channel\\\/UCz63R8Byd_kBKtK2M4Qf_7w\"]},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.11onze.cat\\\/en\\\/#\\\/schema\\\/person\\\/636d99b4c82bb7178687ecd43c3a61bd\",\"name\":\"Equip Editorial\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.11onze.cat\\\/wp-content\\\/uploads\\\/2022\\\/05\\\/HEADER_AGENTS_DECK-300x300.jpg\",\"url\":\"https:\\\/\\\/www.11onze.cat\\\/wp-content\\\/uploads\\\/2022\\\/05\\\/HEADER_AGENTS_DECK-300x300.jpg\",\"contentUrl\":\"https:\\\/\\\/www.11onze.cat\\\/wp-content\\\/uploads\\\/2022\\\/05\\\/HEADER_AGENTS_DECK-300x300.jpg\",\"caption\":\"Equip Editorial\"},\"url\":\"https:\\\/\\\/www.11onze.cat\\\/en\\\/magazine\\\/author\\\/equip-editorial-11onze\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Gold prices and the US elections -11Onze","description":"How will the 5 November presidential election in the United States affect the price of gold?","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.11onze.cat\/en\/magazine\/gold-prices-us-elections\/","og_locale":"en_US","og_type":"article","og_title":"Gold prices and the US elections -11Onze","og_description":"How will the 5 November presidential election in the United States affect the price of gold?","og_url":"https:\/\/www.11onze.cat\/en\/magazine\/gold-prices-us-elections\/","og_site_name":"11Onze Comunitat Fintech","article_publisher":"https:\/\/www.facebook.com\/11OnzeComunitat","article_published_time":"2024-11-03T19:00:00+00:00","og_image":[{"width":1200,"height":675,"url":"https:\/\/www.11onze.cat\/wp-content\/uploads\/2024\/08\/11ONZE_Or_Eleccions_EUA.jpg","type":"image\/jpeg"}],"author":"Equip Editorial","twitter_card":"summary_large_image","twitter_creator":"@11OnzeFintech","twitter_site":"@11OnzeFintech","twitter_misc":{"Written by":"Equip Editorial","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.11onze.cat\/en\/magazine\/gold-prices-us-elections\/#article","isPartOf":{"@id":"https:\/\/www.11onze.cat\/en\/magazine\/gold-prices-us-elections\/"},"author":{"name":"Equip Editorial","@id":"https:\/\/www.11onze.cat\/en\/#\/schema\/person\/636d99b4c82bb7178687ecd43c3a61bd"},"headline":"Gold prices and the US elections","datePublished":"2024-11-03T19:00:00+00:00","mainEntityOfPage":{"@id":"https:\/\/www.11onze.cat\/en\/magazine\/gold-prices-us-elections\/"},"wordCount":6,"commentCount":0,"publisher":{"@id":"https:\/\/www.11onze.cat\/en\/#organization"},"image":{"@id":"https:\/\/www.11onze.cat\/en\/magazine\/gold-prices-us-elections\/#primaryimage"},"thumbnailUrl":"https:\/\/www.11onze.cat\/wp-content\/uploads\/2024\/08\/THUMBNAIL_Or_Eleccions_EUA.jpg","keywords":["Finances"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.11onze.cat\/en\/magazine\/gold-prices-us-elections\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.11onze.cat\/en\/magazine\/gold-prices-us-elections\/","url":"https:\/\/www.11onze.cat\/en\/magazine\/gold-prices-us-elections\/","name":"Gold prices and the US elections -11Onze","isPartOf":{"@id":"https:\/\/www.11onze.cat\/en\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.11onze.cat\/en\/magazine\/gold-prices-us-elections\/#primaryimage"},"image":{"@id":"https:\/\/www.11onze.cat\/en\/magazine\/gold-prices-us-elections\/#primaryimage"},"thumbnailUrl":"https:\/\/www.11onze.cat\/wp-content\/uploads\/2024\/08\/THUMBNAIL_Or_Eleccions_EUA.jpg","datePublished":"2024-11-03T19:00:00+00:00","description":"How will the 5 November presidential election in the United States affect the price of gold?","breadcrumb":{"@id":"https:\/\/www.11onze.cat\/en\/magazine\/gold-prices-us-elections\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.11onze.cat\/en\/magazine\/gold-prices-us-elections\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.11onze.cat\/en\/magazine\/gold-prices-us-elections\/#primaryimage","url":"https:\/\/www.11onze.cat\/wp-content\/uploads\/2024\/08\/THUMBNAIL_Or_Eleccions_EUA.jpg","contentUrl":"https:\/\/www.11onze.cat\/wp-content\/uploads\/2024\/08\/THUMBNAIL_Or_Eleccions_EUA.jpg","width":1200,"height":800},{"@type":"BreadcrumbList","@id":"https:\/\/www.11onze.cat\/en\/magazine\/gold-prices-us-elections\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.11onze.cat\/en\/"},{"@type":"ListItem","position":2,"name":"Gold prices and the US elections"}]},{"@type":"WebSite","@id":"https:\/\/www.11onze.cat\/en\/#website","url":"https:\/\/www.11onze.cat\/en\/","name":"11Onze Comunitat Fintech","description":"First digital fintech community in Catalonia","publisher":{"@id":"https:\/\/www.11onze.cat\/en\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.11onze.cat\/en\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/www.11onze.cat\/en\/#organization","name":"11Onze Comunitat Fintech","url":"https:\/\/www.11onze.cat\/en\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.11onze.cat\/en\/#\/schema\/logo\/image\/","url":"https:\/\/www.11onze.cat\/wp-content\/uploads\/2021\/04\/512x512-11Onze.jpg","contentUrl":"https:\/\/www.11onze.cat\/wp-content\/uploads\/2021\/04\/512x512-11Onze.jpg","width":512,"height":512,"caption":"11Onze Comunitat Fintech"},"image":{"@id":"https:\/\/www.11onze.cat\/en\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/11OnzeComunitat","https:\/\/x.com\/11OnzeFintech","https:\/\/www.instagram.com\/11onzecat\/","https:\/\/www.linkedin.com\/company\/11onzebanc","https:\/\/www.youtube.com\/channel\/UCz63R8Byd_kBKtK2M4Qf_7w"]},{"@type":"Person","@id":"https:\/\/www.11onze.cat\/en\/#\/schema\/person\/636d99b4c82bb7178687ecd43c3a61bd","name":"Equip Editorial","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.11onze.cat\/wp-content\/uploads\/2022\/05\/HEADER_AGENTS_DECK-300x300.jpg","url":"https:\/\/www.11onze.cat\/wp-content\/uploads\/2022\/05\/HEADER_AGENTS_DECK-300x300.jpg","contentUrl":"https:\/\/www.11onze.cat\/wp-content\/uploads\/2022\/05\/HEADER_AGENTS_DECK-300x300.jpg","caption":"Equip Editorial"},"url":"https:\/\/www.11onze.cat\/en\/magazine\/author\/equip-editorial-11onze\/"}]}},"_links":{"self":[{"href":"https:\/\/www.11onze.cat\/en\/wp-json\/wp\/v2\/posts\/51428","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.11onze.cat\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.11onze.cat\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.11onze.cat\/en\/wp-json\/wp\/v2\/users\/71"}],"replies":[{"embeddable":true,"href":"https:\/\/www.11onze.cat\/en\/wp-json\/wp\/v2\/comments?post=51428"}],"version-history":[{"count":0,"href":"https:\/\/www.11onze.cat\/en\/wp-json\/wp\/v2\/posts\/51428\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.11onze.cat\/en\/wp-json\/wp\/v2\/media\/51419"}],"wp:attachment":[{"href":"https:\/\/www.11onze.cat\/en\/wp-json\/wp\/v2\/media?parent=51428"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.11onze.cat\/en\/wp-json\/wp\/v2\/categories?post=51428"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.11onze.cat\/en\/wp-json\/wp\/v2\/tags?post=51428"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}