Gold Surges More Than 3% as Dollar Weakens
Gold was on track for its biggest daily gain since mid-August on Wednesday. The dollar weakened after Democrats swept the US midterm elections, while investors awaited the US nonfarm payrolls report for clues on the interest rate outlook.
By Anushree MukherjeeGold surged more than 3% on Wednesday, on track for its biggest daily gain since mid-August as the dollar tumbled after Democrats swept the US midterm elections, while investors looked to this week's US nonfarm payrolls report for clues on the interest rate outlook.Spot gold TV…