Gold Rises 0.5% as Dollar Weakens After Early Election Wins
Spot gold was up 0.5% at $3,947.49 on Wednesday. The report cited a softer US dollar after Democrats scored early wins in the US midterm elections; investors awaited non-farm payrolls data later this week.
By Sukanya MitraGold prices rose on Wednesday, supported by a softer US dollar after Democrats scored early wins in the US midterm elections, while investors awaited the non-farm payrolls data later this week for clues on the Federal Reserve's policy path.Spot gold TVC:GOLD was up 0.5% at $3,947.49…