Gold, stocks, and dollar: Octa's guide to navigating market volatility during election time
by Media OutReach Newswire
Sep 02, 2024 10:26 am
KUALA LUMPUR, MALAYSIA - Media OutReach Newswire - 2 September 2024- The influence of presidential elections on financial markets is often temporary. Still, the psychological effect of elections on traders and investors can cause emotional and illogical behaviour, contributing to increased market swings. Apart from the White House, the Senate is also up for grabs this fall, and the balance of power inside the legislative branch could be just as important. To mitigate potential losses, investors should refrain from purchasing risky assets during periods of election-related uncertainty. The sheer fact that presidential elections are taking place in a deeply divided yet highly important country is already having a bullish impact on gold prices.