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Gold prices rise after Biden's win

Category: Economy

Date: 2020-11-09T08:21:21+0000
Gold prices rise after Biden's win

Shafaq news/ Gold traded with gains in Monday's session as Joe Biden’s win in the US softened dollar

Spot gold rose 0.5 per cent to $1,960.99 per ounce by 0518 GMT.

On Friday it hit $1,960.13, the highest since Sept. 18.

The dollar index was hovering near a more than two-month low.

As for other metals, silver rose 0.9 per cent to $25.81 per ounce. Platinum gained 1.4 per cent to $901.42, while Silver fell 0.7 per cent to $2,474.34 per Ounce.


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