Gold Extends Post-election Gains as Tumbling Oil Prices Ease Inflation Fears

Gold futures gained to close above $4,100/oz on Monday as lower oil prices eased inflation concerns and sent the dollar lower, amid growing investor expectations that a Democratic-controlled Congress will push to end the Middle East war. However, stronger-than-expected U.S

Gold futures gained to close above $4,100/oz on Monday as lower oil prices eased inflation concerns and sent the dollar lower, amid growing investor expectations that a Democratic-controlled Congress will push to end the Middle East war.

However, stronger-than-expected U.S. payrolls data on

Leave a Reply

Your email address will not be published. Required fields are marked *