• Gold appreciates moderately while US elections are underway

Market news

8 November 2016

Gold appreciates moderately while US elections are underway

Gold was steady Tuesday morning as traders waited for election results in the U.S.

December gold was up $1.80 at $1281 per ounce amid speculation Hillary Clinton will edge Donald Trump, the protectionist real estate celebrity.

Meanwhile, the Federal Reserve has hinted that interest will be hiked in December. That's putting a cap on gold prices - rttnews says.

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