World Economy

Gold Slips

Gold SlipsGold Slips

Gold prices edged lower on Monday as the dollar firmed, although the market is focused on the outcome of the US presidential debate later on Monday that could see investors buying more of the metal as a hedge against financial uncertainty, Reuters reported. Spot gold was down 0.3% to $1,332.88/oz. US gold futures fell 0.3% to $1,337.60/oz. The US presidential debate between Republican Donald Trump and Democrat Hillary Clinton will take place at 1am GMT on Tuesday, with investors looking for indications of who could win the race to lead the world’s biggest economy.