Gold surged back above $4,000 an ounce on Wednesday, November 4, 2026, and silver jumped with it, after Democrats seized control of both the Senate and House in the US midterm elections — a result that weakened the dollar, pulled Treasury yields lower, and sent safe-haven buyers straight into precious metals. Spot gold rose as much as 2.5% to near $4,030 an ounce, with December futures...
