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Rivian Automotive, Inc. engages in the design, development, and manufacture of category-defining electric vehicles and accessories. It operates through following segments: Automotive, Software and Services. The company was founded by Robert J. Scaringe in June 2009 and is headquartered in Irvine, CA.

Rivian Automotive Inc - Ordinary Shares - Class A

Rivian Automotive Inc

Rivian is trending due to an earnings beat and optimistic guidance for vehicle deliveries, particularly with strong anticipation for its R2 SUV launch, while community discussions remain divided between excitement for its future and skepticism about profitability amidst broader EV sector challenges.

Toast, Inc. engages in the development and provision of consumer payment application for restaurants. It offers terminals, kiosk, guest facing display, and system accessories. The firm also offers point of sale, reporting and analytics, online ordering and delivery, and kitchen display system. The company was founded by Jonathan Grimm, Aman Narang, and Stephen J. Fredette in December 2011 and is headquartered in Boston, MA.

Toast Inc - Ordinary Shares - Class A

Toast Inc

Toast Inc. is trending following a post-earnings sell-off driven by an adjusted EPS miss, despite reporting a revenue beat and robust recurring revenue growth. Community discussion is rife with "burnt toast" memes and criticism of previous bullish recommendations, contrasting with long-term investors who highlight the company's strong market position in restaurant technology amid broader "AI killing software" concerns.

BlackRock Institutional Trust Company N.A. - iShares 20+ Year Treasury Bond ETF

iShares 20+ Year Treasury Bond ETF

TLT is trending following a strong 30-year Treasury auction that demonstrated robust demand for long-term bonds, driving community discussion around a potential shift to lower yields and heightened anticipation for upcoming CPI data and Federal Reserve policy.

Pinterest, Inc. engages in the operation of a pinboard-style photo-sharing website. It allows users to create and manage theme-based image collections such as events, interests, and hobbies. The company was founded by Benjamin Silbermann, Paul C. Sciarra, and Evan Sharp in October 2008 and is headquartered in San Francisco, CA.

Pinterest Inc - Ordinary Shares - Class A

Pinterest Inc

Pinterest shares are plummeting after reporting a Q4 earnings miss and conservative Q1 guidance, fueling a sharp divide within the community regarding its future as a value play or an acquisition target, especially amidst recent layoffs and a strategic pivot to AI.

Wynn Resorts Ltd. is a holding company, which engages in the design, development, and operation of destination casino resorts. It operates through the following segments: Wynn Palace, Wynn Macau, Las Vegas Operations, Encore Boston Harbor, and Corporate and Other. The company was founded by Stephen Alan Wynn, Elaine P. Wynn, and Kazuo Okada in 2002 and is headquartered in Las Vegas, NV.

Wynn Resorts Ltd.

Wynn Resorts is trending following its recent earnings report, which disappointed investors with weaker performance from its Las Vegas operations. The community is actively discussing the earnings miss, debating the broader impact on the stock while acknowledging ongoing recovery trends in Macau and future growth initiatives.

Mega Fortune Co., Ltd. operates as an investment holding company. It specializes in delivering comprehensive IoT solutions and services across various industries. The company was founded in 2011 and is headquartered in Hong Kong.

Mega Fortune Co Ltd.

Mega Fortune Company Limited

Mega Fortune Company Limited (MGRT) is experiencing an extreme price and volume surge with multiple trading halts, prompting intense community discussion about its nature as a low-float "Chinese IPO." Many traders view it as a highly speculative pump-and-dump play, drawing comparisons to other volatile stocks known for rapid, unsustainable gains.

The Wendy’s Co. engages in operating, developing, and franchising a system of quick-service restaurants. It operates through the following segments: Wendy’s U.S., Wendy’s International, and Global Real Estate and Development. The Wendy’s U.S. segment includes the operation and franchising of Wendy’s restaurants in the U.S. The Wendy’s International segment is involved in the operation and franchising of Wendy’s restaurants in countries and territories other than the U.S. The Global Real Estate and Development segment focuses on real estate activity for owned sites and sites leased from third parties. The company was founded by R. David Thomas on November 15, 1969 and is headquartered in Dublin, OH.

Wendy`s Co - Ordinary Shares - Class A

Wendy`s Co

Wendy's is trending with investors sharply divided ahead of its Q4 earnings report, as a significant price drop and high dividend yield fuel speculation of undervaluation and a potential short squeeze or buyout, while others remain cautious due to ongoing CEO uncertainty and broader sector challenges.

Monad is a high-performance Layer 1 blockchain that processes 10,000 transactions per second with near-zero fees. The platform delivers high performance without compromising on security or decentralization, creating the infrastructure needed for complex applications that require high-frequency activity.  One of Monad’s key innovations lies in how it handles transaction processing. Instead of processing transactions one at a time like traditional blockchains, Monad processes multiple transactions simultaneously through parallel execution.   The system separates the agreement process from the execution process, allowing validators to first agree on which transactions to include and in what order, then having more time to execute those transactions without slowing down consensus. This approach, combined with a custom-built database called MonadDB, dramatically increases throughput while maintaining accuracy.  Monad also offers complete EVM compatibility, where applications built for Ethereum work on Monad without any code modifications, and users can connect with familiar wallets like MetaMask just as they would on Ethereum. Developers can immediately tap into Ethereum's established ecosystem of tools, libraries, and applications while benefitting from Monad’s performance improvements. The platform also runs on consumer-grade hardware rather than expensive specialized equipment, making it accessible for more people to participate in securing the network.  Monad has raised approximately 244 million dollars in total funding across multiple rounds. The company secured 19 million dollars in a seed round in February 2023 led by Dragonfly Capital, followed by a 225 million dollar Series A round in April 2024 led by Paradigm at a 3 billion dollar valuation. Other notable investors include Electric Capital, Greenoaks, Coinbase Ventures, and prominent angel investors such as Naval Ravikant.

Monad

Monad is trending due to rapid ecosystem expansion, including new DeFi integrations like Kalshi and Orbs Perpetuals, which are driving significant user growth and total value locked (TVL). The community is highly bullish on its performance as a high-throughput Layer-1 blockchain, with discussions focused on its EVM compatibility, high staking yields, and resilience during market dips, seeing it as a strong contender with explosive growth potential.

The Compound Governance Token is a governance token on the Compound Finance lending protocol, COMP allows the owner to delegate voting rights to the address of their choice; the owner’s wallet, another user, an application, or a DeFi expert. Anybody can participate in Compound governance by receiving delegation, without needing to own COMP.  Anybody with 1% of COMP delegated to their address can propose a governance action; these are simple or complex sets of actions, such as adding support for a new asset, changing an asset’s collateral factor, changing a market’s interest rate model, or changing any other parameter or variable of the protocol that the current administrator can modify.

Compound

Compound (COMP CRYPTO) is a major talking point as its price continues a challenging downtrend, leading to frustration among some investors while others aggressively "buy the dip" due to its near-max 10 million token supply. The community is actively discussing the Compound Foundation's performance, the anticipation of V4, and its potential in the Real World Assets (RWA) space.

Jack in the Box, Inc. engages in the provision of developing, operating, and franchising a chain of quick-service and fast-casual restaurants. It operates through the Jack in the Box and Del Taco segments. The Jack in the Box segment offers a selection of distinctive products including classic burgers and other product lines such as Buttery Jack Burgers. The company was founded by Robert Oscar Peterson in 1951 and is headquartered in San Diego, CA.

Jack In The Box, Inc.

The restaurant chain Jack In The Box is trending amid widespread community concerns over its substantial debt and the recent significant loss from divesting Del Taco, driving strong bearish sentiment and bankruptcy predictions. However, a vocal contingent also highlights its high short interest and growing activist investor stake as potential catalysts for a short squeeze or turnaround.

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<ul class="summary-bullets"><li>On Friday, Federal Reserve President John Williams reportedly indicated that a third rate cut could still be on the table this year.</li><li>The Dollar index held above 100 on Monday, trading near its six-month high set on Friday.</li><li>SPDR Gold Shares ETF (GLD) was up 0.22% at $375.10 on Monday.</li></ul>&nbsp;Spot gold prices firmed up on Monday after declining for the past two sessions, with the XAU/USD pair up 0.45% at $4,084.24 per ounce.Spot gold has gained around 55% so far this year. U.S. gold futures for December delivery traded marginally lower at $4,078.10 per ounce.Gold prices rose amid rising expectations of a rate cut next month, offsetting the drag from a stronger U.S. dollar. The DXY held above 100 on Monday, trading near its six-month high set on Friday.Last week, John Williams, President and CEO of the Federal Reserve Bank of New York, reportedly indicated that a third rate cut could still be on the table this year. He noted that weakening labor market conditions now pose a greater economic risk than rising inflation, suggesting the Fed may need to reduce its key interest rate.According to data from the CME FedWatch tool, there is a 75.7% probability of a 25-basis-point rate cut at the December 10 meeting. A week back, the figure stood at 42.4%.&nbsp;Last week, the Bureau of Labor Statistics (BLS) <a href="https://stocktwits.com/news-articles/markets/equity/bls-september-jobs-report/cLPA1qDREa7">released</a> the delayed September jobs report, showing that the U.S. economy added more jobs than expected. However, the unemployment rate in September climbed to a four-year high of 4.4%, the highest since October 2021.<h2 class="st-heading-2">Brokerages Remain Bullish</h2>Last week, UBS <a href="https://stocktwits.com/news-articles/markets/equity/ubs-hikes-gold-price-forecast-again-expects-4-900-peak-by-mid-2026-report/cLPAilzRE9C">raised</a> its mid-2026 upside target for gold to $4,900 per ounce from $4,700, with the firm arguing that the fundamentals driving this year’s surge remain firmly in place heading into 2026. UBS said that the key macro drivers, including further Federal Reserve rate cuts, lower real yields, and geopolitical tension, should continue to support demand.&nbsp;UBS’ view echoes recent bullish commentary from Goldman Sachs, which also sees gold hitting $4,900 by the end of 2026.<h2 class="st-heading-2">How Did Stocktwits Users React?</h2><a href="https://stocktwits.com/symbol/GLD">SPDR Gold Shares ETF</a> (GLD) was up 0.22% at $375.10 on Monday. Retail Sentiment on Stocktwits for GLD has remained in the ‘bearish’ territory over the past 24 hours.Retail sentiment on <a href="https://stocktwits.com/symbol/IAU">iShares Gold Trust</a> (IAU) turned 'bearish' from 'neutral' a day earlier.Read also:&nbsp;<a href="https://stocktwits.com/news-articles/markets/equity/why-is-dgnx-stock-rising-premarket-today/cL5b7RnREQ5">Why Is DGNX Stock Rising Premarket Today?</a>For updates and corrections, email newsroom[at]stocktwits[dot]com.

A fine gold bar with the number 999.99 on it.

Spot Gold On Track To Snap 2-Day Loss On Rate Cut Hopes

Spot gold rose despite a strong dollar after dovish U.S. Fed comments on Friday.

Equity

<ul class="summary-bullets"><li>Gold has been on a phenomenal run this year, rising over 55%.</li><li>UBS said that macro drivers, including Federal Reserve rate cuts, lower real yields, and geopolitical tension, should continue to support demand.</li><li>Earlier this week, Goldman Sachs said that it expects gold to reach $4,900 by the end of 2026.</li></ul>&nbsp;&nbsp;Gold's relentless 55% rally this year seems far from over, according to UBS, which has raised its mid-2026 upside target for the metal to $4,900 per ounce.UBS believes that the macro forces that powered it to record highs should keep the safe-haven demand strong into 2026.Although gold has eased about 7% from last month’s record high of $4,381.6 per ounce, brokerages remain optimistic, continuing to lift their upside price forecasts.<figure class="image"><a class="st-link-external" href="https://in.tradingview.com/chart/teA7VKVN/?symbol=OANDA%3AXAUUSD" target="_blank" rel="noopener noreferrer nofollow"><img style="aspect-ratio:1306/862;" src="https://news.stocktwits-cdn.com/XAUUSD_png_e03bb6310d.webp" alt="XAUUSD.png" width="1306" height="862"></a><figcaption>XAUUSD Gold Spot Prices in October and November 2025 | Source: TradingView</figcaption></figure><h2 class="st-heading-2">UBS Raises Mid-Year 2026 Prices Forecast</h2>On Thursday, UBS raised its upside price target to $4,900 per ounce from $4,700, with the bank arguing that the fundamentals driving this year’s surge remain firmly in place heading into 2026, according to a report by investing.com.The investment bank continues to rate the metal as ‘attractive’, maintains long exposure in its global asset allocation, and says gold “remains an effective portfolio hedge even at current levels.”<h2 class="st-heading-2">What’s Driving The Target Hike?</h2>UBS analysts, led by strategist Wayne Gordon, said the recent consolidation has not altered the outlook and now expect prices to reach $4,500 per ounce by mid-2026, up from a previous forecast of $4,200 per ounce. The bank has maintained its downside case at $3,700 per ounce, the report read.UBS said that the key macro drivers, including further Federal Reserve rate cuts, lower real yields, and geopolitical tension, should continue to support demand. The analysts also highlight growing political noise ahead of the U.S. midterm elections, which could spur additional safe-haven buying.They expect prices to consolidate near $4,300 following political events in late 2026, but see scope to reach the new $4,900 upside case if global political and financial risks intensify.UBS’s view echoes recent bullish commentary from Goldman Sachs, which also sees gold hitting $4,900 by the end of 2026 with further upside if investors continue diversifying their portfolios.<h2 class="st-heading-2">How Have The ETFs Performed?</h2>Since the start of the year, SPDR Gold Shares ETF (GLD) has gained 53.5%, iShares Gold Trust (IAU) and VanEck Merk Gold Trust (OUNZ) have both climbed 53.7%, while&nbsp;abrdn&nbsp;Physical Gold Shares ETF (SGOL) and Goldman Sachs Physical Gold ETF Trust (AAAU) have risen 53.8%.<figure class="image"><a class="st-link-external" href="https://www.datawrapper.de/_/CgYnc/" target="_blank" rel="noopener noreferrer nofollow"><img style="aspect-ratio:1240/630;" src="https://news.stocktwits-cdn.com/Cg_Ync_gold_etfs_gains_in_2025_png_455c3757e5.webp" alt="CgYnc-gold-etfs-gains-in-2025-.png" width="1240" height="630"></a><figcaption>Gold ETFs Gains in 2025</figcaption></figure>&nbsp;Read also:&nbsp;<a href="https://stocktwits.com/news-articles/markets/equity/dow-futures-rise-nvidia-earnings-beat/cLPAWVDRE9A">Dow Futures Rise As Investors Cheer Nvidia’s Earnings Beat: NVDA, AMD, GOOGL, WMT Among Stocks To Watch</a>For updates and corrections, email newsroom[at]stocktwits[dot]com.

UBS Hikes Gold Price Forecast Again, Expects $4,900 Peak By Mid-2026: Report 

UBS lifted its upside target to $4,900 from $4,700, saying the factors behind this year’s rally should continue into 2026, according to a report by investing.com.

Gold prices were headed for their best monthly gain in 16 years on growing concerns over a U.S. government shutdown and optimism surrounding a potential rate cut by the U.S. Federal Reserve.Spot gold prices rose 1% to $3,871.72 per ounce, another fresh record. Retail sentiment on Stocktwits about <a href="https://stocktwits.com/symbol/GLD">SPDR Gold Shares ETF</a> (GLD) was in the ‘bullish’ territory at the time of writing.Gold’s rally this week has been driven by growing concerns that the U.S. government will shut down by Wednesday unless Congress approves a temporary funding bill. The yellow metal has gained over 12% this month, on track for the most significant gains since November 2009."I think we're headed to a shutdown because the Democrats won't do the right thing," Vice President JD Vance told reporters after a meeting at the White House with senior members of Congress. The Democrats are pushing to keep healthcare subsidies for low and middle-income households in the stopgap funding measure.“While gold appears overbought, the supportive backdrop is likely to limit any correction,” IG Bank analyst Tony Sycamore said, noting the importance of increased safe-haven demand driven by rising geopolitical tensions in Europe, concerns over the Fed’s independence, and robust buying from central banks and private investors.The shutdown could also delay the crucial jobs data due later this week. Another weak employment report could bolster the chances of more rate cuts by the Federal Reserve, which is positive for gold, a commodity denominated in dollars and therefore shares an inverse relationship with the greenback.According to CME Group’s FedWatch tool, traders have priced in a 25-basis-point cut in benchmark interest rates in the Federal Reserve’s next policymaker meeting.“We’re in the early stages of a monetary reset as central banks move off the dollar standard and back to gold. This shift will end U.S. dollar hegemony, raising our interest rates and consumer prices while lowering our standard of living,” economist and famous gold bull Peter Schiff said on X.Also See: <a href="https://stocktwits.com/news-articles/markets/cryptocurrency/bitcoin-ethereum-gain-amid-strong-etf-inflows-despite-us-shutdown-threat/chDDRxNR3Be">Bitcoin, Ethereum Gain Amid Strong ETF Inflows Despite US Shutdown Threat</a>For updates and corrections, email newsroom[at]stocktwits[dot]com.

Gold bars of various sizes lie in a safe on a table at the precious metal dealer Pro Aurum. 

Gold Heading Toward Best Month Since 2009 As US Shutdown Threat Looms

An analyst said that while gold appears overbought, the supportive backdrop is likely to limit any correction.

President Donald Trump on Monday dismissed speculation that gold would face tariffs, after the chatter helped push gold futures to a record high last week.“Gold will not be tariffed,” Trump wrote in a <a target="_blank" rel="noopener noreferrer nofollow" href="https://truthsocial.com/@realDonaldTrump/115011325631302905">post</a> on Truth Social. The post comes after the White House said that an executive order would be issued to clarify any “misinformation” around the tariff on gold bars and other other products on Friday.However, no formal policy had yet been posted by U.S. agencies or by the White House as of Monday afternoon. &nbsp;<figure class="image"><a href="https://truthsocial.com/@realDonaldTrump/115011325631302905" target="_blank" rel="noopener noreferrer nofollow"><img style="aspect-ratio:1080/495;" src="https://news.stocktwits-cdn.com/Screenshot_2025_08_11_23_10_26_92_cde5c65545eefd12266f03d3caad4d92_jpg_5304c0481f.webp" alt="Screenshot_2025-08-11-23-10-26-92_cde5c65545eefd12266f03d3caad4d92.jpg" width="1080" height="495"></a><figcaption>Source: @realDonaldTrump/TruthSocial</figcaption></figure>Confusion ensued last week after the Financial Times&nbsp;<a target="_blank" rel="noopener noreferrer nofollow" href="https://www.ft.com/content/78be1315-608d-43c6-b8e7-80b9e18c5ce7">reported</a> that documents from the U.S. Customs and Border Protection agency said one-kilo and 100-ounce gold bars should be classified under a customs code subject to levies. Following the report, gold futures hit a&nbsp;<a href="https://stocktwits.com/news-articles/markets/equity/gold-futures-hit-record-high-as-us-plans-tariffs-for-gold-bars/chrnOuBRdEr">record high</a> of $3,534 on Friday.&nbsp;On Monday, gold futures fell more than 2.4% in afternoon trade, and spot&nbsp;<a href="http://stocktwits.com/symbol/XAUUSD">gold prices</a> were down 1.2%. The&nbsp;<a href="http://stocktwits.com/symbol/GLD">SPDR Gold Trust (GLD)</a> also dropped 1.26%. On Stocktwits, retail sentiment around&nbsp;XAU/USD fell to ‘bearish’ from ‘bullish’ territory a week ago.If the Customs and Border Protection ruling had stayed in place, it would have resulted in far-reaching implications for the precious metal around the world. Gold’s role as a financial asset and global currency makes it markedly different from other commodities, such as copper, that have been impacted by Trump’s tariffs.Gold has had a volatile run this year as demand for the safe-haven asset has ebbed and flowed with Trump’s tariff announcements. Gold prices have gained 27% in 2025 and more than 38% over the past 12 months.Read also:&nbsp;<a href="https://stocktwits.com/news-articles/markets/equity/trump-declares-liberation-day-in-dc-pushes-takeover-of-city-police/chrHGOoRdee">Trump Declares ‘Liberation Day’ in DC, Pushes Takeover Of City Police</a>For updates and corrections, email newsroom[at]stocktwits[dot]com.

U.S. President Donald Trump shouts answers to questions from reporters as he tours the roof of the West Wing of the White House on August 05, 2025, in Washington, DC. 

Trump Announces ‘Gold Will Not Be Tariffed’ – Bullion Prices Remain Down

The President said in a post on Truth Social that the precious metal will not be subjected to tariffs.

The White House is reportedly planning to issue an executive order to clear up any confusion around tariffs on gold bars after futures linked to the precious metal hit a record high on Friday.“The White House intends to issue an executive order in the near future clarifying misinformation about the tariffing of gold bars and other specialty products,” a White House official&nbsp;<a target="_blank" rel="noopener noreferrer nofollow" href="https://www.ft.com/content/c2868087-9951-4f04-818f-5082437f603a">told</a> the Financial Times.The update comes after the publication cited&nbsp;<a target="_blank" rel="noopener noreferrer nofollow" href="https://www.ft.com/content/78be1315-608d-43c6-b8e7-80b9e18c5ce7">documents</a> on Thursday from the Customs and Border Protection agency, which said&nbsp;one-kilo and 100-ounce gold bars should be classified under a customs code subject to levies. One-kilo bars are the most common form of gold traded on Comex and would deal another blow to Switzerland.&nbsp;On Friday, gold futures hit a&nbsp;<a href="https://stocktwits.com/news-articles/markets/equity/gold-futures-hit-record-high-as-us-plans-tariffs-for-gold-bars/chrnOuBRdEr">record high</a> of $3,534 before paring off some of the gains. Gold futures were trading 0.3% higher at the time of writing, at around $3,463. Spot&nbsp;<a href="http://stocktwits.com/symbol/XAUUSD">gold prices</a>, on the other hand, edged 0.01% lower in afternoon trade.The&nbsp;<a href="http://stocktwits.com/symbol/GLD">SPDR Gold Trust</a> (GLD) fell 0.15% while retail sentiment on Stocktwits remained in ‘bullish’ territory over the past day.&nbsp;The decision to classify gold bars as subject to tariffs was a surprise to most market watchers, who had expected that gold bars would be exempt from President Donald Trump’s newly announced tariffs, according to the report. When Trump’s “Liberation Day” tariffs were initially announced, several commodities were exempt, including a bullion category widely believed to cover large gold bars.Gold has been rallying this year, up nearly 30% so far. The decline of the U.S. dollar, inflation concerns, and rising government debt levels have contributed to its uptick.Read also:&nbsp;<a href="https://stocktwits.com/news-articles/markets/equity/gold-futures-hit-record-high-as-us-plans-tariffs-for-gold-bars/chrnOuBRdEr">Gold Futures Hit Record High As US Reportedly Plans Tariffs For Gold Bars</a>For updates and corrections, email newsroom[at]stocktwits[dot]com.

500 gram gold bar is seen in a gold shop window on April 17, 2025 in Istanbul, Turkey. 

White House Plans Gold Bar Tariff Clarification After Confusion Sends Gold Soaring: Report 

According to the Financial Times, the White House is planning on issuing an executive order to clarify any “misinformation” around tariffs on gold bars.

Gold futures rose to a record on Wednesday as the uncertainty over the outcome of the 2024 presidential election continues.&nbsp;The precious metal, however, came under some selling pressure in Thursday’s session amid the release of inflation data that casts a cloud on aggressive rate cuts by the Federal Reserve.Notwithstanding the pullback, gold futures have soared nearly 35% for the year-to-date period, outperforming the 23% gain for the SPDR S&amp;P 500 ETF Trust ($SPY), an exchange-traded fund that tracks the performance of the S&amp;P 500 Index.What’s Driving Gold RallyThe imminent U.S. election is seen as a key risk event that is driving the safe-haven gold higher. Nationwide opinion polls have all been unanimous in projecting a close election, with the lead in most cases coming within the margin of error of the survey.&nbsp;The&nbsp;<a target="_blank" rel="noopener noreferrer nofollow" href="https://today.yougov.com/politics/articles/50839-harris-small-lead-over-trump-trust-in-elections-halloween-october-26-29-2024-economist-yougov-poll">results</a> of the Economist/YouGov survey released Wednesday showed Vice President Kamala Harris ahead of her rival Donald Trump by a point among registered voters and by two points among likely voters. This is well within the survey’s margin of error of +/- 3.4% for registered voters.Saxo Bank Head Of Commodity Strategy Ole Hansen&nbsp;<a target="_blank" rel="noopener noreferrer nofollow" href="https://www.home.saxo/content/articles/commodities/will-the-us-election-result-spark-a-gold-correction-30102024">said&nbsp;</a>in a post on Wednesday that rate cuts by the Fed and other central banks are reducing the cost of holding non-interest-bearing assets like gold and silver.“The latest strength is increasingly being seen as a hedge against a potential ‘Red Sweep’ at the 5 November US election, where one political party, in this case, the Republicans, controls both the White House and Congress,” the strategist said.This has pushed up bond yields amid concerns about excessive government spending, likely pushing up the debt-to-GDP ratio higher, and potential reignition of inflationary pressure through tariffs on imports, Hansen said.Following Thursday’s hotter-than-expected inflation data,&nbsp; gold bull and economist Peter Schiff&nbsp;<a target="_blank" rel="noopener noreferrer nofollow" href="https://x.com/PeterSchiff/status/1851981708431630573">said</a> instead of selling gold in the wake of the data, investors should be buying it. “Inflation will get a lot hotter than this but the Fed will not take action to fight it. This is extremely bullish for gold,” he said.Against the backdrop, here’s a look at how gold performed in the first year of the presidency of the Republican Trump in 2017 and that of Democrat Joe Biden in 2021.&nbsp;Gold Under TrumpGold futures finished higher during the first year of Trump's presidency. The yellow metal had pulled back sharply ahead of the Nov. 8, 2016 election and barring a sharp spike a day after the election, it declined through mid-Dec. 2016.In 2017, gold saw intermittent rallies and pullbacks. Peaking above the $1,360 level in mid-September, it gave back some of its gains and yet finished the year about 14% higher.<figure class="image"><img style="aspect-ratio:1920/1080;" src="https://st-everywhere-cms-prod.s3.us-east-1.amazonaws.com/gold_png_trump_ac694d63ab.png" alt="gold-png-trump.png" width="1920" height="1080"><figcaption>Chart Courtesy of TradingView</figcaption></figure>Gold Under BidenWhen Biden emerged victorious in the election held on Nov. 3, 2020, gold did not have as good a run as under his predecessor. It was a broader downtrend ahead of the election and the continuation of the trend until March 2021.&nbsp;Although the yellow metal staged a recovery, the rally proved short-lived. Gold futures peaked in early June before pulling back. Subsequently, it was locked in a broader consolidation phase.Gold ended 2021 down about 3.6%.<figure class="image"><img style="aspect-ratio:1920/1080;" src="https://st-everywhere-cms-prod.s3.us-east-1.amazonaws.com/gold_biden_e97ed921fb.png" alt="gold-biden.png" width="1920" height="1080"><figcaption>Chart Courtesy of TradingView</figcaption></figure>The comparisons may not always be apples-to-apples as the two past presidents have had to contend with entirely different sets of conditions and challenges during their times at office. Biden took over from Trump an economy that was limping back to normalcy after a pandemic that impacted consumers, businesses and economies world over.&nbsp;As of 1:24 pm, the&nbsp;SPDR Gold Shares ($GLD) fell 1.66% to $253.22.A few in the retail crowd recommended buying the precious metals, citing imminent economic and geopolitical risks.<stembedurl>https://stocktwits.com/geffaxp/message/590754590</stembedurl>Others see gold spiking at least until the election and expect it to get a further boost from Fed rate cuts.<stembedurl>https://stocktwits.com/TheSaint229/message/590606561</stembedurl>Read Next:&nbsp;<a href="https://stocktwits.com/news-articles/markets/equity/tmtg-core-civic-humana-stocks-poised-for-gains-with-trump-victory-retail-sentiment-mixed/cJ2urOCRJp">TMTG, CoreCivic, Humana Stocks Poised For Gains With Trump Victory: Retail Sentiment Mixed</a>For updates and corrections email <a target="_blank" rel="noopener noreferrer nofollow" href="mailto:newsroom@stocktwits.com">newsroom@stocktwits.com</a>&nbsp;

gold futures have pulled back from all-time highs after PCE data.

Gold Glitters In Run-up To 2024 Presidential Election: Here’s How Yellow Metal Fared In First Year Of Trump, Biden Tenures

The latest strength in gold is increasingly being seen as a hedge against a potential ‘Red Sweep’ at the 5 November US election, a strategist says.

Merk Investments LLC - VanEck Merk Gold ETF

3%+ above current levels

Up 0–3%

Flat to down 3%

Down 3%+

With earnings season underway and rate-cut expectations shifting, the next move in the S&P 500 could set the tone for 2026. Are bulls still in control, or is volatility about to pick up? Cast your vote.

OUNZ
VanEck Merk Gold Trust

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