Where Did You Gold? - Gold Falls As Greenback Strengthens On U.S. Election Outcomes

Illustration photo of Gold H1 Chart from Investing.com

As of 5:49 p.m. (GMT+8) Nov 4, 2020, the gold price is still under pressure in the short-term, currently trading at around $1,890 per ounce, the intraday trend is volatile.

In the European market on Thursday, market risk sentiment suddenly deteriorated, and the latest words of U.S. President Trump detonated risk aversion. Trump claimed in his public speech that he had won, saying that he would appeal to the U.S. Supreme Court to stop voting.

Affected by Trump’s latest remarks, U.S. stock futures quickly turned down, spot gold was again under pressure.

Translated from the original article: https://forex.fx168.com/2011/4...