Trump

Gold snapped a state of panic in the market after Donald Trump’s victory in the US presidential election, which led to falling stocks and the dollar, achieving record gains, where prices jumped nearly 5% with the trend of investors for safe havens.

But the gains shrunk after that to come down gold below $ 1300 per ounce (an ounce) with the stability of the broader market after the speech moderate victory speech Trump, but the yellow metal remained high by 2% heading towards achieving the highest rise in a single day since Britain’s decision to secede from the European Union in June.

Gold rose in the spot to the highest level of transactions in the six weeks to $ 1337.40 an ounce, up almost 5% and amounted to $ 1300.80 an ounce by 0930 GMT.

Gold was trading at US futures contracts for December delivery on the next rising by $ 26.90 an ounce to $ 1301.40 an ounce, after hitting its highest level during the session at $ 1338.30 an ounce.

Among other precious metals silver rose to $ 18.65 an ounce, up 1.6 percent after reaching the highest level since the third of October at $ 18.996 an ounce. And platinum rose 0.1% to $ 1003.31 an ounce, while palladium rose 0.1% to $ 663.40 an ounce.

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