Gold prices reached new heights on Wednesday, while Bitcoin neared its record high as traders reacted to geopolitical uncertainties and the potential outcome of Donald Trump winning the U.S. presidential election.
Gold saw an increase of 0.2 percent, reaching $2,781.5 per troy ounce. Bitcoin, the most actively traded cryptocurrency, rose by 0.1 percent to $72,345, approaching its all-time high of $73,803 set in March.
In the United States, the Nasdaq Composite concluded Wednesday at a record high, driven by anticipation for upcoming results from several technology companies. Alphabet’s shares increased by 5 percent following the company’s announcement of robust earnings growth.
In Asia, equity markets were mixed, with Chinese stocks experiencing declines while Japan’s Topix index rose by 1 percent in early trading.