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Gold boasts the biggest rally since Brexit

On Wednesday, gold leapt almost 4% to its strongest in more than five weeks as market participants looked for safe havens with Republican Donald Trump leading Democrat Hillary Clinton in the American elections.

It marked gold's greatest single-day revenue since June when it ascended as much as 8% when the United Kingdom decided to abandon the European Union.

Trump managed to win the major battleground state of Ohio and led Clinton in a number of other states that appeared to be too close to call, including North Carolina and Florida.

Trump is currently leading Clinton by 36 Electoral College votes, as media reports state.

Spot gold added as far as $1,323.10, its strongest value since September 30, and it was trading up 3.2% at $1,315.84.

December delivery US gold futures gained 3.3%, trading at $1,317.30 per ounce, having hit $1,324.30.

Spot silver ascended as far as $18.84 per ounce and was last up 1.9%, trading at $18.69.

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