Gold bars seen at Gold Investments bullion dealers in London, U.K., on January 15, 2014.
Gold prices drifted higher on Thursday, as safe-haven demand countered a firmer dollar, while palladium hit a more than one-month peak.
Spot gold rose 0.3% to $2,725.51 per ounce by 0143 GMT.
A stronger dollar makes gold more expensive for other currency holders.
"The Fed's monetary easing cycle, stimulus measures in China, and supply constraints will continue to drive silver prices higher into 2025 where it could potentially scale higher levels of around $45," Sachdeva said.
Persons:
Kamala Harris, Republican Donald Trump, Sugandha Sachdeva, Sachdeva, Nornickel
Organizations:
Gold Investments, U.S, Republican, New, SS, Bloomberg News
Locations:
London, New Delhi, ., China, U.S