Gold futures opened at $4,075.40 per troy ounce on Thursday, up 0.1% from Wednesday's close, and rose to $4,134.30 by 9:14 a.m. ET. The article links the Democratic sweep in the midterm elections to a weaker dollar and lower oil prices, which lifted gold and bitcoin, the market's two worst bets of 2026. Gold futures jumped more than 3% Wednesday to back above $4,000 an ounce, bitcoin rose nearly 4% to above $80,000, and silver gained about 5%. Compared with a week, month and year earlier, the opening gold price changed -0.1%, -2.3% and +3.4%. The piece also explains gold IRAs, which must hold gold in an IRS-approved facility and meet purity and approved-refiner rules.
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Related tickers and likely impact
XAU/USD
▲ Likely positiveRelevance: medium
| Market | Gold |
|---|---|
| Close on 11/04/2026 | 4,060.57 |
| Change that session | +3.32% |
PAXG/USDT
▲ Likely positivePAX Gold
Relevance: medium
| Market | Crypto |
|---|---|
| Exchange | Binance |
| Sector | Real-world assets |
| Market cap | $1.7B |
| Close on 11/04/2026 | 4,061.47 |
| Change that session | +2.92% |
XAUT/USDT
▲ Likely positiveTether Gold
Relevance: medium
| Market | Crypto |
|---|---|
| Exchange | Binance |
| Sector | Real-world assets |
| Market cap | $3.1B |
| Close on 11/04/2026 | 4,050.62 |
| Change that session | +2.95% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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