Gold prices rose nearly 3% in the Nov 4 session to above 4,040 USD/ounce as the US dollar weakened after Democrats' decisive win in the US midterm elections. At 10 p.m. Vietnam time, spot gold was up 2.7% at 4,036 USD/ounce, heading for its biggest daily gain since August 19. Hamad Hussain of Capital Economics said the Democratic victory appears to be lifting gold as investors grow more worried about the US fiscal outlook. Democrats won control of both the Senate and House, a result that reflects strong voter backlash against President Donald Trump. Investors are also watching US jobs data for clues on the Federal Reserve's interest rate path, a factor that significantly affects gold prices.
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Original headline: Tối 4/11, giá vàng tăng mạnh sau kết quả bầu cử tại Mỹ
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goldUS dollarmidterm electionsFedXAUUSD
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Related tickers and likely impact
XAU/USD
▲ Likely positiveRelevance: high
| Market | Gold |
|---|---|
| Close on 11/03/2026 | 3,930.22 |
| Change that session | -0.42% |
PAXG/USDT
▲ Likely positivePAX Gold
Relevance: medium
| Market | Crypto |
|---|---|
| Exchange | Binance |
| Sector | Real-world assets |
| Market cap | $1.7B |
| Close on 11/03/2026 | 3,946.40 |
| Change that session | -0.16% |
XAUT/USDT
▲ Likely positiveTether Gold
Relevance: medium
| Market | Crypto |
|---|---|
| Exchange | Binance |
| Sector | Real-world assets |
| Market cap | $3.1B |
| Close on 11/03/2026 | 3,934.56 |
| Change that session | -0.11% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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