Gold price holding gains after last week’s breakout

Gold price holding gains after last week’s breakout

Editor’s Note: With so much market volatility, stay on top of daily news! Get caught up in minutes with our speedy summary of today’s must-read news and expert opinions. Sign up here! ( Kitco News ) – The gold market is starting the week on solid footing with modest gains following last week’s nearly 4% rally.

December gold futures last traded at $1,955.40 an ounce, up 0.19% on the day.

Gold’s humble gains after the market’s Sunday evening open comes as Democratic nominee Joe Biden continues to secure his place as President-elect. Although some states haven’t released their official tally from last week’s election, Biden has secured enough votes to win the race to the White House, according to media reports.

Although Biden continues to solidify his place in history, garnering the most votes for any U.S. president, many political pundits said the next few weeks will be filled with uncertainty as […]

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