Some renewed USD selling bias assisted gold to regain traction and move above the $1900.
The latest update showed Trump’s lead has narrowed in Michigan and weighed on the USD.
A modest uptick in the equity markets might undermine the safe-haven gold and cap gains.
Gold managed to recover the early lost ground to the $1882-81 region and has now moved well within the striking distance of two-week tops set earlier this Wednesday.
The emergence of some fresh selling around the US dollar assisted the dollar-denominated commodity to attract some dip-buying at lower levels and move back above the $1900 mark. The greenback started losing ground after Reuters reported that the incumbent President Donald Trump's lead has narrowed in the key battleground state of Michigan.