Wednesday , October 5 2022

Gold is rising with the dollar drop after the US elections. And concentrating on the "central"



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Gold plunged some of its gains on Wednesday but stayed high when the dollar fell after the Congress-Democrats and Democrats split control over the mid-term elections in the United States as investors watched the Federal Reserve meeting to deduct future interest rate hikes.

Spot Gold rose 0.1 percent to $ 1227.03 an ounce by 1831 GMT after it hit $ 1235.83 an ounce earlier.

Gold rose by $ 2.40 or by 0.20% to settle at $ 1228.70 per ounce.

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