Gold prices decline in anticipation of the election results in USA

Gold is cheaper this morning by 0.54% - at 10:02 on the Comex its cost was $ 1897.9 per troy ounce. This is due increased investor optimism in anticipation of the announcement of the election results, yesterday in the United States. The elections are now in the focus of attention of the players who closely follow the counting of votes. Moreover, if earlier most were confident of Joe Biden's victory, by now time this confidence has weakened, quotes Reuters as saying IG Markets analyst Kyle Rodd. This manifests itself in an increase in the dollar rate, the expert noted. Joe Biden ahead of incumbent President Donald Trump in the number of electors, but Fox News expects to reduce this gap - in his opinion, Trump will have 204, Biden - 223. The amount required to defeat an opponent is 270. Another significant event this week is the meeting US Federal Reserve scheduled for Thursday.