The Economic Times

Why is gold price up today? Precious metal rises by 1.6% to $4,124.89 per ounce after US midterm election results

The price of gold is on the rise again. The precious metal has reached to its highest level in over two weeks on Thursday. The jump in the bullion prices has been witnessed after the US midterm election results. The spot gold has increased by 1.6% to $4,124.89 per ounce by 0752 GMT.