Gold and silver jump after Democratic win in U.S. midterm elections

FinanceInternationalCNBCNov 4, 2026, 2:43 AMAI summary

Precious metals posted strong gains on Wednesday morning as the dollar fell, following the U.S. midterm elections. Spot gold was up 2.83% at $4,039.59 an ounce and spot silver jumped 4.32% to $51.9235. Gold futures added 2.8% to $4,050.80 and silver futures 4.61% to $52.045. Platinum gained 3.43% and palladium 6.21%. U.S. stock futures fell and Treasury yields moved lower.

In 30 seconds

Spot gold rose 2.83% to $4,039.59 an ounce and silver 4.32% to $51.9235
Palladium gained 6.21% and platinum 3.43% in the same session
The dollar index shed about 0.3% and U.S. stock futures fell

Read the full story at CNBC

IASummary generated by artificial intelligence from a story by CNBC. It may contain errors: the original source prevails.

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Gold and silver jump after Democratic win in U.S. midterm elections

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Keep reading

Dollar opens at COP 3,235 after Democratic victory in the U.S. elections

What the TRM is and how a dollar at 3,235.59 pesos affects imports and exports

Colombia's 2027 fiscal deficit: CARF projects 201 trillion pesos and IMF calls for debt reduction

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