Wednesday , October 5 2022

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


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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