On Wednesday Wall Street stock futures went lightly down as Asian shares continued to be in a very tight range. As for the popular yellow metal, U.S. gold futures rose about 0.3% to $1,229.5 per ounce while spot gold was up 0.2% at $1,228.35 per ounce.
Early today Gold prices climbed amid a softer dollar, with traders anticipating the outcome of U.S. midterm elections that could take from the Republicans their Congress power.
The dollar index, which gauges the greenback versus a basket of six important currencies, went below about 0.3%, while traders awaited the U.S. election outcomes.
Split Congress may hurt the greenback
Daily Analysis - 07/11/2018