Gold is commonly viewed as a safe haven investment and is often used as a hedge against currency issues or an equity downturn. The price of gold acts more as a currency than an commodity, as it usually moves more in correlation with fiat currencies than with other commodities.
Obama defeated Romney, winning both the popular vote and the electoral college, with 332 electoral votes to Romney's 206. He became the eleventh President and third Democrat to win a majority of the popular vote more than once.
Potentially, this would be the fifth time a candidate has won the popular vote but failed to win the election. Clintonâs most recent company is fellow Democrat Al Gore, whose supporters outvoted George W. Bushâs in 2000, but narrowly lost the electoral vote via the highly-contested state of Florida.