Gold price gains as dollar struggles on a likely Biden win

Gold prices soared nearly 1% on Thursday after the U.S. dollar fell on new updates from the U.S. elections race that signal the Democratic candidate Joe Biden is on the brink of White House.  Fundamental analysis: Dollar slips as Biden makes a big step towards presidency Spot gold prices yesterday dropped on the uncertainty related to U.S. presidential elections. The dollar headed in the opposite direction.  “The knee-jerk climb in the dollar index heaped downward pressure on the precious metal,” said Han Tan, an analyst at FXTM. “With the Blue Wave’s path now obfuscated, a divided Senate threatens to slow