US Political Uncertainty Affects Gold
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Gold currently trades at $2,712.66 per ounce (at time of writing), experiencing a minor 0.07% decline.
Recent market activity suggests some price volatility around this level.
Since the beginning of 2024, gold has appreciated by 32.86%, indicating a strong investor preference for gold as a safe-haven asset during periods of political instability.
Key levels are $2,800 resistance and $2,608.31 support.
Data: eToro, FactSet, Morningstar, S&P Capital IQ, ProRealTime, MarketScreener