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Markets react: what gold, stock prices say about election outcome

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Since 11:00 pm EST, the rare-earth elements and equities futures markets are favoring a Trump re-election, this according to Peter Hug, international trading supervisor of Kitco Metals.

Gold fell 1.19% as of 9:30 pm EST, yet recoiled when President Trump tightened the lead from Vice President Joe Biden. As of 11:30 pm EST, gold is down 0.6%, the S&P 500 futures are up 1.3%, NASDAQ futures up 3%, Dow futures are up 0.65%.

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Markets react: what gold, stock prices say about election outcome

As of 11:00 pm EST, the precious metals and equities futures markets are favoring a Trump re-election, this according to Peter Hug, global trading director of Kitco Metals.

Gold fell 1.19% as of 9:30 pm EST, but rebounded when President Trump narrowed the lead from Vice President Joe Biden. As of 11:30 pm EST, gold is down 0.6%, the S&P 500 futures are up 1.3%, NASDAQ futures up 3%, Dow futures are up 0.65%

__________________________________________________________________
Kitco News is the world’s #1 source of metals market information. Our videos feature interviews with prominent industry figures to bring you market-affecting insights, with the goal of helping people make informed investment decisions.

Subscribe to our channel to stay up to date on the latest insights moving the metals markets.

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Disclaimer: Videos are not trading advice and the views expressed may not reflect those of Kitco Metals Inc.