Critical hours in the United States of America that the world awaits to know who the new American president is, and between progress in one state and a decline in others for the candidates, the results of early statistics cast a rapid shadow on the economy.
In spot transactions, gold fell 0.5% to $ 1898.97 an ounce by 0642 GMT, reducing losses by more than 1% incurred earlier after some investors took advantage of the price drop to buy the yellow metal, and US gold futures fell 0.5% to 1900.20 Dollars an ounce.
While silver fell 1.7% to $ 23.75, platinum fell about 1% to $ 858.38, and palladium fell 0.5% to $ 2,270.78.
The dollar rose 0.4% against a basket of major currencies.
In an explanation for this change, economists said, “The market is losing confidence in a clear path to Biden’s victory at the present time … We are witnessing a decline in trading based on Biden’s victory and the great impact, so we see the dollar rising.”