07:00 AM Wednesday, November 6, 2024 (GMT+6)

Democracy and the economy topped voter concerns in the 2024 US elections, according to early exit polls. Over a third of voters cited democracy as their primary issue, with the economy following closely behind. These early results may shift as additional data comes in.

Partisan divisions were clear: 60% of Harris supporters prioritized democracy, while only 10% of Trump supporters felt the same. Conversely, half of Trump voters cited the economy as their main concern.

Voters from both sides expressed worry about threats to democracy and potential election-related violence, with nearly 70% voicing concern. Confidence in the election’s fairness was higher among Harris supporters, while Trump voters were divided.

On economic issues, 75% of Trump voters felt worse off compared to 2020, while 40% of Harris voters reported financial improvement. Inflation’s impact was severe for a third of Trump supporters, compared to 10% of Harris backers.

05:27 AM Wednesday, November 6, 2024 (GMT+6)

As Americans vote, markets are monitoring potential effects on gold and stock prices due to anticipated policy changes and election uncertainty. Gold, a traditional safe-haven asset, has held steady but could see increased demand if results remain uncertain. Oxford Economics notes that a Trump victory may bring higher Treasury yields and inflation due to tariff policies, which could pressure gold prices lower, though geopolitical risks could offset this impact.

Meanwhile, U.S. stocks rose on election day, but volatility is expected in the days ahead, especially if results are delayed. The election outcome will shape policies on trade, taxation, and regulation, which could greatly impact market sectors depending on whether the winner controls Congress. Investors are preparing for varied scenarios with tight margins in Congressional races