National

Gold is losing some of its shine

A line chart that tracks daily gold futures from June 4, 2025, to June 4, 2026. Prices start at 3,399.2, fall to a low of 3,287.6 on June 27, 2025, then climb to a peak of 5,366.5 on March 1, 2026. They end at 4,517.5.

Gold futures  

Data: Financial Modeling Prep; Chart: Emily Peck/Axios

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2024 will be an election year like no other, as President Biden seeks re-election amid economic uncertainty, two wars and questions about his age. His likely foe, former President Trump, faces felony charges and vows revenge on his political enemies. Meanwhile, Americans generally are dissatisfied with those choices and are divided over immigration, race, education and more.

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