The U.S. will hold its presidential election on Tuesday, and polls show a tight race between the Democratic candidate, Vice President Kamala Harris, and the Republican candidate, former President Donald Trump.

Also in focus this week is the Federal Reserve's interest rate decision on Thursday, with markets widely expecting a 25 basis point rate cut. Gold is often viewed as a hedge against economic and political uncertainty and tends to perform better in low-interest environments.

Increasing uncertainty surrounding the upcoming U.S. election.

2024年11月5日