As American voters continue to digest last week's 2024 presidential debate, commodity analysts say that gold may ultimately become the winner, as the remarks of US President Biden and former President Trump do not help alleviate ongoing geopolitical and economic concerns.

Many experts believe that this debate is quite disappointing, especially from the perspective of the Democratic Party, as Biden is unable to articulate his ideas coherently. However, Trump is not the ultimate winner, and political analysts continue to point out many of his lies.

Michele Schneider, Chief Strategist at MarketGauge, said, "Gold has won. Regardless of who wins the November election, gold is rising."

For many analysts and economists, the debt level in the United States is approaching a critical level and rising on an unsustainable path.

Looking ahead, although inflation has significantly fallen from its peak in 2022, Schneider stated that she did not receive clear information from the two candidates on how to respond to economic slowdown and rising inflation.

Schneider said, "Currently, I don't see any reasonable economic policies from these two candidates. In this environment, I believe it's important to hold some gold, and investors will find that they don't have enough gold."

Many economists and political experts are praising the benefits of the new artificial intelligence revolution, expecting it to drive new economic growth without affecting inflation; However, Schneider stated that this view is incorrect because without electricity and a stable power grid, artificial intelligence will not be able to function. She added that without more resources, the use of artificial intelligence technology cannot exist. She pointed out that this demand will push up commodity prices and continue to increase inflationary pressures.

Although everyone is turning their attention to gold as a geopolitical asset, Schneider said she still expects silver to perform better in the precious metal sector than other precious metals as industrial demand exceeds supply.

Due to investors wanting to create a commodity investment portfolio to hedge against persistent inflation and geopolitical uncertainty, Schneider said she will consider creating an investment portfolio with a weight of 50% for silver, 25% for gold, and 25% for other metals such as copper, aluminum, and platinum.

Schneider added that this basket of commodities should account for around 10% to 15% of the broader investment portfolio.

As for the trends of silver and gold, Schneider stated that as long as gold prices remain above $2300 per ounce and silver remains above $29 per ounce, there is an upward risk.

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