Hillary Clinton win doesn’t mean market stability, says gold firm

Hillary Clinton securing the White House in the US election in under two weeks’ time will not automatically lead to stable markets, gold trading firm GoldCore has said.

Despite a fall in the price of gold in recent weeks and gains for US stock markets this year, Mark O’Byrne, research director at GoldCore, insisted there are still good reasons to buy gold.

Stock markets appear to be welcoming opinion polls that suggest Ms Clinton will win the presidential race because she is a known quantity to big investors. And gold prices have retreated as a result.