Silver Rises With Expectations That Biden Will Be Elected President

Silver Rises With Expectations That Biden Will Be Elected President Silver rises with expectations that Biden will be elected president. As the results of the elections in the USA continued to be announced, silver gained more than 3 percent. Silver prices rose 3.41 percent to $ 24.7157 an ounce, with expectations that Democrats candidate Joe Biden would win the US election. Gold prices, on the other hand, increased by more than 1 percent, exceeding $ 1920 per ounce. Palladium gained 2.3 percent, while platinum increased 1.6 percent. The Democrats presidential candidate, Biden, got closer to the 270 delegates needed to win the presidency, even including states such as Michigan and Wisconsin. The general expectation is that the US presidency will be Democrats and the Republicans will take the Senate. With the expectations, while the euro/dollar parity tested above 1.18, the Bloomberg Dollar Spot Index declined by 0.86 percent.