Gold prices rose to a record high on Wednesday as uncertainty over the U.S. presidential election boosted safe-haven demand, with traders also awaiting economic data for cues on the Federal Reserve’s policy path.
Spot gold rose 0.5% to $2,788.89 per ounce after reaching an all-time high of $2,789.73 earlier in the session. U.S. gold futures gained 0.7% to $2,799.90.
