Investors flock to dollar and gold as safe assets amid market uncertainty

From Investing.com: 2024-10-22 04:59:00

Dollar, gold, and US yields are on the rise, with the dollar outperforming and gold reaching its lowest level since early August. US presidential election risks are affecting market sentiment, as investors seek protection. Stocks are feeling the pressure, with the S&P 500 starting the week in the red. Today, focus shifts to central bank speakers at the IMF annual meeting. The BRICS summit is also underway, potentially generating headlines, especially regarding the Middle East conflict. The market is closely watching the US presidential election, with Trump Media and Technology stock benefiting from increased support for the former president.



Read more at Investing.com: Demand for Safe Assets Lingers