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Gold surges after Democratic midterm gains

What happened before and after this story. Background events not previously covered were summarised by AI.

  1. Background

    Democrats make broad gains in the 2026 US midterm elections

    Democrats won widely in the November 2026 midterms for Congress, removing a major source of uncertainty for investors and lifting global stocks.

  2. Gold jumps to a two-week high as the dollar slips after US midterms

    Gold climbed nearly 2% to about $4,135 an ounce, its highest in two weeks, as the dollar and US bond yields fell after the Democrats' midterm gains.