Which US presidential candidate does gold prefer?
Gold loves chaos and should be hitting new highs, especially with inflation coming down and with it, two rate cuts likely before year’s end.
Gold on Wednesday held near a six-week high hit in the previous session, with economic and political uncertainty boosting its safe-haven appeal.
Markets were waiting for indications on policy from U.S. President-elect Donald Trump’s first news conference since the U.S. elections, due later in the day.