SEE MORE: Record Investment Demand for Gold ETFs
Additionally and perhaps not surprisingly, should there be Election Day controversy on par with what was seen in Florida in 2000, it is almost a certainty that gold will rise.
“The most obvious answer is that this will be good for the gold price. As we have seen in the month of October, gold thrives in an uncertain environment. Yesterday, it dropped seemingly on the news that the FBI had dropped the investigation into Hilary Clinton and, therefore, some assumed this meant she was once again the likely winner and putting rest to uncertainty,” notes ETF Daily News.
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SPDR Gold Shares
Tom Lydon’s clients own shares of GLD.