Gold Futures Climb 2.8% to $4,052.50 After U.S. Midterms
Gold prices rose above $4,000 a troy ounce as the U.S. dollar softened and Treasury yields fell. In midmorning European trade, gold futures were up 2.8% at $4,052.50 a troy ounce.
By Giulia PetroniGold prices extended gains on Wednesday, jumping back above $4,000 a troy ounce on a softer U.S. dollar and falling Treasury yields after Democrats swept the U.S. midterm elections.In midmorning trade in Europe, gold futures climbed 2.8% to $4,052.50 a troy ounce. Other precious me…