Gold and silver climb as dollar weakens after Democrats win Congress
Spot gold reached US$4,063 an ounce and silver US$52.32 as the US dollar fell after the midterm elections. Democrats won control of both chambers of Congress.
Gold rose above US$4,000 an ounce and silver also gained on Wednesday, as the US dollar weakened after the midterm elections. CNBCInvesting News Network
Spot prices reached US$4,063 an ounce for gold and US$52.32 per ounce for silver by 4:55 p.m. ET. Investing News Network
Oil prices fell and Treasury yields moved lower. One analyst said the recovery in precious metals remained fragile amid restrictive monetary policy. CNBCThe Wall Street JournalInvesting News Network