The upcoming U.S. presidential election has significant global economic implications.. but what does it mean for gold?

The World Gold Council offers analysis based on long-term historical precedent in their latest report. In it, the WGC analysis suggests that gold bar and coin demand tends to increase during Democratic presidencies, party affiliation doesn’t consistently impact gold prices during elections.

Instead, the economic policies of the elected president, both domestic and foreign, are more influential on financial assets, including gold. The current polarized political climate and global uncertainties underscore the importance of robust portfolio hedges, a role that gold effectively fulfills.