Gold slips ahead of critical elections for US Senate
Market has priced in a Democratic win in Georgia, says strategist
05 January 2021 - 07:37
Bengaluru — Gold prices inched lower on Tuesday after hitting an eight-week high, as the dollar halted its slide ahead of US Senate runoff elections in Georgia that will decide the future path of fiscal stimulus in the world's largest economy.
Spot gold was down 0.2% to $1,938.11/oz by 0235 GMT, after hitting its highest level since November 9 at $1,945.26 earlier in the session, while US gold futures shed 0.3% to $1,941.40...
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