Gold rose for a fifth day to the highest level in almost a month as mounting anxiety ahead of next week’s U.S. election spurs investors to seek out haven assets, with latest polls showing that Hillary Clinton’s once-dominant lead over Donald Trump is withering.

The metal for immediate delivery gained 0.3 percent to $1,292.29 an ounce at 12:32 p.m. in Singapore, the highest level since Oct. 4, according to Bloomberg generic pricing. Gold closed at $1,311.60 on Oct. 3.

Bullion fell last month amid expectations the Federal Reserve is poised to raise borrowing costs. Odds of a hike at the Fed’s November meet, which concludes later Wednesday, are at just 16 percent, and the U.S. election has become a greater concern. The sense of unease in markets was fueled by an ABC News/Washington Post tracking poll that placed Republican candidate Trump one percentage point ahead of his Democratic rival.

“Market nerves increased with polls showing a tightening in the U.S. presidential race and ahead of” the Fed’s statement, Australia & New Zealand Banking Group Ltd. wrote in a note on Wednesday.

Investors boosted their holdings in bullion-backed exchange-traded funds for a sixth straight month in October, the longest streak since 2009. Assets extended the increase on Tuesday, climbing by about 2 metric tons to 2,043 tons, data compiled by Bloomberg show.

(Bloomberg)