Macro Finance
Gold Extends Rebound Above $4,100 as Dollar and Yields Decline
Bloomberg Markets·November 4, 2026·1 min read
Gold extended its rebound above $4,100 after surging over 3% on Wednesday, driven by a Democratic sweep of Congress in the US midterm elections. The dollar and Treasury yields declined, boosting demand for the precious metal as investors sought safe-haven assets amid political shifts and market volatility.
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