Gold traders are eagerly awaiting the outcome of the US presidential election on November 3rd.
What will happen to gold if Trump wins? And what would happen if Democrat Joe Biden came to the White House?

American stock markets fell today, as European stock indices witnessed a significant decline due to fears of a second wave of the Coronavirus pandemic. This potential return to crisis levels of infection could delay the global economic recovery that has been anticipated – or hoped for – in second half of the year.

During the past week, we witnessed several important economic surprises, including the European Central Bank raising the value of the pandemic purchase program by €600 billion and extending it to June 2021.