HSBC: Gold could rise to $1,500 an ounce if Trump wins the elections

The price of gold could rise to 1,500 dollars an ounce by the end of 2016 if Donald Trump wins the presidential election in the United States, analysts from HSBC said. On Tuesday there was published a poll, which shows that Trump for the first time since May, was pulled over Hillary Clinton. According to the study the candidate for US president Donald Trump is ahead of Hillary Clinton by 1%.
US presidential election will be held on 8 November. Gold is growing rapidly, adding 0.88 percent to 1288 dollars per ounce, analysts reported. Trump victory will undoubtedly contribute to the growth of quotations of gold since the policy of trade protectionism to which he adheres, will put pressure on the growth rate of the US economy, they added.