Gold Flat Awaiting U.S. Election

Precious Metals

CNBC reported that gold held steady as investors anticpate the U.S. election.

CNBC reported that gold held steady as investors anticpate the U.S. election.

As quoted in the market report:

U.S. President Barack Obama and Republican candidate Mitt Romney are engaged in frantic last-minute campaigns in swing states. A Romney victory may weigh on gold prices as hopes for further monetary easing may dim, hurting prospects for bullion.

To view the whole CNBC report, click here.

The Conversation (0)
×