💰 Gold is back in the spotlight! According to the latest data from OCBC analysts, demand for gold continues to grow. This is due to the risk premium caused by the upcoming US elections. With each passing day approaching election day, investors are becoming more and more cautious.

October 31, 2024

🔄 Decentralized betting markets are seeing a significant increase in the Trump vs. Harris spread, which is tilting more in favor of Donald Trump every day. This creates additional worries about tariffs, inflation and fiscal problems. 📈 Our material notes that at the time of writing gold (XAU) is trading at a price of 2783.!

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📈🔹 Trading on Trump increases the US dollar The dollar is strengthening in the foreign exchange market in response to the US elections, as expected.

🔹 Trading on Trump increases the US dollar The dollar is strengthening in the foreign exchange market in response to

Chinese Yuan plunged against the U.S. Dollar

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💰 Gold is back in the spotlight! According to the latest data from OCBC analysts, demand for gold continues to grow. This is due to the risk premium caused by the upcoming US elections. With each passing day approaching election day, investors are becoming more and more cautious.

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📈🔹 Trading on Trump increases the US dollar The dollar is strengthening in the foreign exchange market in response to the US elections, as expected.

Chinese Yuan plunged against the U.S. Dollar