Gold Bounces Back Above $4K in Post-US Election Rally

Gold gained almost 3% in early Wednesday’s trading, in immediate reaction to the victory of US Democratic party in the midterm election. Growing uncertainty about political action after Democrats regained full control of the US Congress, as well as concerns about fiscal outlook, prompted dollar sales and revived gold’s safe- haven appeal. Traders were also […] The post Gold Bounces Back Above $4K in Post-US Election Rally appeared first on ActionForex.