Gold price inches towards $1,300/oz on US election jitters

November 2, 2016

New York (Nov 2)  Gold moved closer to $1,300 per oz on Wednesday November 2 during London morning trading as market jitters ahead of US presidential elections next week boosted demand.

The spot gold price was recently quoted at $1,297.10/1,297.50 per oz, up $9 on Tuesday’s close. Trade has ranged from $1,287.30 to $1,297.40 so far. "Uncertainty leading into the US presidential election is likely to see gold further supported leading...

Source: MetalBulletin

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