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Find all the economic and financial information on our Orishas Direct application to download on Play StoreGold was stable on Wednesday. Investors are eagerly awaiting the outcome of a hotly contested US presidential election
.US gold futures rose 0.2% to $2,754.10. Spot gold held steady at $2,745.42 per ounce at 0218 GMT. The bar hit a record high of $2,790.15 last Thursday. According to Kyle Rodda, a financial market analyst at Capital.com, “gold is a part of the Trump trade and, in the long run, should benefit from a Trump victory, mainly due to the impact of huge deficit spending, but also due to a potentially more uncertain American foreign policy
.”Spot silver fell 0.53% to $32.49 per ounce, platinum lost 0.6% to $993.45, and palladium fell 2.17% to $1,052.25.
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