On Friday, October 28, 2016, the FBI disclosed that they were reopening Clinton's email probe, and the same day, gold hit $1280/oz. Conversely, oil dropped by $1.33 to $45.34 per barrel, while stock prices also took a tumble.

Raising the minimum wage represents a substantial financial burden for employers, particularly start-ups, early stage companies, and family-owned businesses. In response, business owners would be forced to either lay off workers or raise prices to offset the rise in labor costs.

Historically, there hasn't been a significant correlation between gold prices and U.S. elections. Furthermore, history has shown that gold prices tend to fall just before U.S. elections and rise immediately after, and this goes on until the next election.

Fabrizio Moreira Quotes