Morning Meeting: Gold's U.S. Election Volatility

The video discusses the relationship between political risk, particularly the US election, and gold as a hedge. It highlights the negative correlation between gold volatility and the Clinton-Trump poll spread. The potential impact of a Trump presidency on gold prices is analyzed, with predictions of a rise to $1400. The role of the Federal Reserve's decisions in December is also considered, affecting gold's price movements. The uncertainty surrounding the election outcome is expected to contribute to gold price volatility.

What is the significance of the $1400 price point for gold mentioned in the text?

What factors contribute to the volatility of gold prices as the election approaches?