Spot silver rose nearly 4% to near $51.85 an ounce in European trading on November 4, after Democrats won majorities in both the House and the Senate. Analysts said the result raised doubts about whether the Trump administration's current policies, especially programs supporting AI investment, will be maintained, pushing money toward safe-haven assets such as gold and silver. Commerzbank warned that US stocks, particularly the Nasdaq, could face pressure, and that the dollar could weaken further if investment slows. Attention now turns to the October nonfarm payrolls report due November 6, with CME FedWatch showing markets leaning strongly toward a 0.25 percentage point Fed rate hike in December, to about 4-4.25%. Technically, spot silver at $51.77 remains below its 20-day EMA of $54.83, with an RSI of 36.69, and the $48.62 level, an 11-month low, is seen as key support.
Summary written by Upside AI from the original article. Read the source for full details.
Original headline: Điều gì đằng sau cú tăng 4% của giá bạc?
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silverFedUS dollarDemocratic Party
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Related tickers and likely impact
XAU/USD
▲ Likely positiveRelevance: low
| Market | Gold |
|---|---|
| Close on 11/03/2026 | 3,930.22 |
| Change that session | -0.42% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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