Gold surges after debate of Trump and Biden

Gold surges after debate of Trump and Biden

The early trades in Asia witnessed a surge in Gold prices following the last debate of POTUS Donald Trump and Joe Biden ahead of the upcoming presidential elections slated on November 3, 2020. Interestingly, it all happened despite the robust dollar.

On the other side, investors were monitoring the motion over the talks on the stimulus package. The gold futures jumped to $1,908.35, gaining 0.20 per cent by 4:14 AM GMT. However, the gains in dollar prices somehow capped the hike in the precious yellow metal apparently.

Reportedly, the SPDR Gold Trust registered a loss of 0.1 per cent two days back on Wednesday and touched 40.8 million ounces

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