Gold Soars in Asia Trading as Trump Gains on Clinton - News Summed Up

Gold Soars in Asia Trading as Trump Gains on Clinton


Gold prices zoomed above $1,300 per troy ounce during Asia trading hours Thursday as new opinion polls showed Republican Donald Trump closing the gap with Democrat Hillary Clinton in the U.S. presidential election. The possibility of a Trump win next week has fanned gold demand since Monday, overriding bearish sentiment sparked by the expectation that the U.S. Federal Reserve will raise its key benchmark rate in December.


Source: Wall Street Journal November 03, 2016 08:32 UTC



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