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

Davivienda opposes registration of the Plata Colombia trademark before the SIC

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