Gold’s Haven Appeal Wanes as Polls Show Narrow Lead for Clinton
- Bullion posts first back-to-back gain in a month as U.S. votes
- Gold may fall to $1,250 within a week if Clinton wins: survey
Rickards: Markets and Gold Fully Priced for Clinton
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Gold slipped as opinion polls put Hillary Clinton ahead of Donald Trump before U.S. voters cast their ballots in the presidential election.
Bullion has swung in recent weeks as investors tracked the U.S. campaign. A win for Trump is largely seen as bullish for gold because his promises to renegotiate trade deals and curb immigration may introduce geopolitical instability, boosting demand for haven assets. Gold gained in recent weeks as polls tightened and investors bet the Federal Reserve would move slowly on raising interest rates.