Gold and Silver Jump as Democrats Are Projected to Win House Control
Photo: TokenPost
Gold and silver climbed sharply Wednesday morning ET as election projections pointed to Democrats winning control of the House, while the dollar weakened amid a wider shift across U.S. markets. Spot gold rose 3.4% to $4,061.30 an ounce, and spot silver gained 5.1% to $52.29 an ounce. Front-month gold futures added 3.4% to $4,073, while silver futures rose 5.1% to $52.28. Silver's percentage gain exceeded gold's. The U.S. dollar index fell about 0.3%. U.S. stocks rallied as political risk eased, Treasury yields moved lower and oil prices declined.
Source: TokenPost
