Gold and Silver Prices Rise as Most US Voters Feel Economic Slump

International gold and silver prices closed higher on Monday, as futures for December delivery rose 0.82% to settle at $4,473.70 per ounce, while September delivery gained 1.72% to close at $66.231 per ounce.

The New York Mercantile Exchange saw the rise in gold and silver prices, which may be a sign of increased demand for these precious metals.

However, the market's performance is overshadowed by a recent poll showing that 53% of U.S. voters feel they are worse off financially since President Trump took office in January 2025, compared to only 21% who said they are better off.

The same poll found that 64% of voters believe the U.S. economy is going in the wrong direction, with 86% of Democrats and 37% of Republicans sharing this view.