Your Way Home with Hongbin JeongYour Way Home with Hongbin Jeong

Wealth Tracker: Is Gold an investor’s best friend ahead of an unpredictable election?

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Gold is often seen as a safe haven, especially during times of uncertainty. In fact, Gold was hovering at a record high around $2,700 per ounce last week, with the US presidential election between Kamala Harris and Donald Trump just a day away and most investors expecting another rate cut at the Federal Reserve's next meeting later this week.

So is gold an investor’s best friend at the moment? What are some trends when it comes to investing in gold? On Wealth Tracker, Hongbin Jeong speaks to Priyanka Sachdeva, Senior Market Analyst, Phillip Nova, to find out more about gold and its shine.

 

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