Gold price rises as pandemic worsens, U.S. elections in focus
Gold prices gained on Monday on uncertainty surrounding the outcome of Tuesday`s U.S. presidential election, while a spike in global coronavirus cases exacerbated fears about an economic recovery, further boosting the safe-haven metal`s appeal.
Spot gold rose 0.6% to $1,889.76 per ounce by 10:23 a.m. EDT (1523 GMT), while U.S. gold futures were up 0.6% to $1,891.