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Gold prices rose by as much as 1.9% on Thursday, November 5, 2026, nearing $4,140 an ounce, supported by a weaker dollar and lower Treasury yields after Democrats won control of both chambers of Congress. Silver climbed 1.8% to $53.15 an ounce, while platinum and palladium also rose. Despite the gains, gold remained down more than 20% from its levels when the war with Iran broke out, as investors awaited the US jobs report and interest-rate indicators.
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