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Lower gold prices

2020-11-04T08:17:40.079Z


London-SANA Gold prices fell today, affected by the rise in the dollar after preliminary results of the presidential election


London - Sana

Gold prices fell today, affected by the rise in the dollar, after preliminary results of the US presidential elections showed a close convergence than expected between President Donald Trump and Democratic candidate Joe Biden.

According to Reuters, gold fell in spot transactions 0.5 percent to 1898.97 dollars an ounce / ounce, to reduce losses by more than one percent incurred earlier after some investors took advantage of the low price to buy the yellow metal.

And US gold futures fell 0.5 percent to 1900.20 dollars an ounce.

As for the other precious metals, silver decreased 1.7 percent to $ 23.75, platinum fell about 1 percent to $ 858.38, and palladium fell 0.5 percent to $ 2270.78.

Source: sena

All business articles on 2020-11-04

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