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Tuesday, November 5, 2024

Gold prices rise amid anticipation about the results of the US elections

Gold prices rise amid anticipation about the results of the US elections

Price movements

rose gold In spot transactions, it rose 0.4 percent to $2,748.02 per ounce by 14:40 GMT.

US gold futures rose 0.4 percent to $2,757.40 per ounce.

Opinion polls in the US presidential elections indicate a strong convergence in support rates between… Trump andHarrismaking the outcome of the race uncertain and may remain so for days after voting ends.

And he leans goldIt is a hedging method in light of geopolitical uncertainty, to benefit from low interest rates.

As for other precious metals, silver rose in spot transactions by 1.1 percent to $32.82 per ounce.

Platinum increased 1.7 percent to record $1,000.70. Palladium rose 1.3 percent to $1,088.65.



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