COMEX Gold futures soared yesterday, adding more than 2% and breaking above $1700 per ounce as the uncertainty posed by the US midterm election boosted the metal. The break above $1700 mark is also likely to turn critical now as the metal consolidates around a one month high of $1713 per ounce. The US dollar index fell to near one and half month low under 110 mark, keeping Gold well elevated despite strength in equities.Powered by Commodity Insights
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