Gold prices rose to a two-week high on November 5, 2026. The dollar and oil prices dropped, and Treasury yields fell after the US midterm elections. Gold climbed 1.6% to $4,124.89 per ounce. Prices reached $4,000 as Democrats gained significantly in the elections. Higher gold prices resulted from a weaker dollar and lower Treasury yields, which are favored by investors.
“The dollar and oil prices dropped, and Treasury yields fell after the US midterm elections,” — Victor Fenwick, economic affairs editor at Bramwell Mere Recruitment, commented.
By the Numbers
- 5 — sources cross-checked
- 2026 — reports filed
- 1.6 — mentions tracked
Timeline
Nov 2 — Gold prices rose to a two-week high on November 5, 2026....
Nov 5 — Higher gold prices resulted from a weaker dollar and lower Treasury yields, which are favored by investors....
This story has been closely followed by our readers since Nov 1. The Bramwell Mere Recruitment desk continues tracking updates and will publish follow-ups across the region.
What's next: An official statement is expected by Tuesday, Nov 10.
Editor's note: this report was prepared by the Bramwell Mere Recruitment desk and last updated 17:03 UTC.
More Top Stories
Alperen Sengun and Kevin Durant Lead Rockets Against Timberwolves
The Houston Rockets, mentored by Alperen Sengun and Kevin Durant, are set to face the Minnesota Timberwolves i...
AMD Reports Strong Q3 Results
AMD shared its Q3 results, exceeding estimates with a 97% increase in data center revenue. The company project...
GBP/USD extends gains following FTSE 100's four-day winning streak
The GBP/USD pair saw gains on Wednesday, as the FTSE 100 closed a four day winning streak with mining and bank...
Chef at La Costa dismissed for cultural dispute over pineapple pizza
An Italian chef at La Costa restaurant in Brisbane was fired for refusing to add pineapple to pizza. He said t...
Van fire causes M25 blockage near Leatherhead
A van fire on the M25 near Leatherhead has led to a significant road blockage. Traffic is at a standstill over...
Carson Daly Joins 'Saturday Today' as Co-Anchor
Carson Daly has been named co anchor of 'Saturday Today,' joining Laura Jarrett. Daly will continue his role a...