1. Gold prices rise as US dollar weakens after midterm elections

Gold prices rise as US dollar weakens after midterm elections

Business

  • Gold prices rose as the US dollar weakened following early US midterm election results.
  • Spot gold initially gained 0.1% to $3,931.24 per ounce.
  • • Falling US Treasury yields & political uncertainty supported gold demand.
  • Investors are awaiting US employment data for clues about future Federal Reserve interest rates.

Source: google.com

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