Gold ETFs vs Election


How will gold ETFs perform leading up to the election? Gold ETFs. Gold 2020. Gold Spot Price.

Will gold benefit more from the uncertainty of the election in the U.S.? Gold ETFs are not as politically sensitive as you might think. But it will be interesting to watch over the coming weeks how gold responds to the election.

How has gold ETFs performed in 2020? The SPDR Gold Shares GLD 0.33%, the largest gold-backed exchange-traded fund, has retreated from recent highs but it’s still higher by 24.37% this year.

If a stimulus programme is announced before the election it will likely be bullish for the gold price too!

Click here to see the live gold spot price!

Source: Benzinga