{
  "id": 18246743,
  "title": "Gold hits a two-week high as dollar, Treasury yields ease after US midterm elections",
  "url": "https://urgent.news/2026/11/05/gold-hits-a-two-week-high-as-dollar-treasury-yields-ease-after-us",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-11-05T04:18:18.000Z",
  "source": {
    "name": "The Business Times - Companies & Markets",
    "slug": "the-business-times-companies-markets",
    "url": "https://www.businesstimes.com.sg/companies-markets/energy-commodities/gold-hits-two-week-high-dollar-treasury-yields-ease-after-us-midterm-elections"
  },
  "original_language": "en",
  "account": "On Thursday, November 5, gold prices surged to a two-week high, climbing nearly 2 percent. The increase was driven by a weaker US dollar and lower US Treasury yields following a Democratic wave in the midterm elections. Spot gold rose 1.9 percent to $4,134.83 per ounce by 3:16 GMT, reaching its highest level since October 22. Gold futures for December delivery climbed 1.8 percent to $4,144.20. Analyst Linh Tran noted that if investment flows and yield movements continue to provide support, gold could stabilize above $4,000, potentially reaching $4,200 and then $4,400. The weaker dollar makes gold more affordable for holders of other currencies. Meanwhile, traders await the upcoming US nonfarm payrolls report on Friday to further assess the Federal Reserve's monetary policy outlook. Citi has set a price target of $4,500 per ounce for gold, given potential upside from the Strait of Hormuz reopening and the de-escalation of the Yemen/Saudi conflict by year-end. Silver, platinum, and palladium also saw gains, with silver rising 1.7 percent to $53.12 per ounce, platinum up 2.1 percent to $1,527.65, and palladium increasing 2.6 percent to $1,030.14.",
  "summary": "US gold futures for December delivery climbed 1.8% to US$4,144.20",
  "key_points": [],
  "editors_take": null,
  "illustration": "https://urgent.news/ill/18246743.png",
  "coverage": {
    "outlets": 6,
    "also_reported_by": [
      {
        "outlet": "Bloomberg",
        "title": "Gold Holds Above $4,000 as Dollar, Yields Fall on Midterm Result",
        "url": "https://urgent.news/2026/11/04/gold-holds-above-4-000-as-dollar-yields-fall-on-midterm-result",
        "published": "2026-11-04T23:58:33.000Z"
      },
      {
        "outlet": "Free Malaysia Today",
        "title": "Gold extends rebound above US$4,100 as dollar and yields decline",
        "url": "https://urgent.news/2026/11/05/gold-extends-rebound-above-us-4-100-as-dollar-and-yields-decline",
        "published": "2026-11-05T03:17:52.000Z"
      },
      {
        "outlet": "Business Recorder",
        "title": "Gold hits a two-week high as dollar, Treasury yields ease after US midterm elections",
        "url": "https://urgent.news/2026/11/05/gold-hits-a-two-week-high-as-dollar-treasury-yields-ease-after-us-18265722",
        "published": "2026-11-05T06:11:43.000Z"
      },
      {
        "outlet": "Moneyweb",
        "title": "Gold extends rebound above $4 100 as dollar and yields decline",
        "url": "https://urgent.news/2026/11/05/gold-extends-rebound-above-4-100-as-dollar-and-yields-decline",
        "published": "2026-11-05T06:30:45.000Z"
      },
      {
        "outlet": "Hindu BusinessLine",
        "title": "Gold rallies on softer dollar, easing yields after US midterm results",
        "url": "https://urgent.news/2026/11/05/gold-rallies-on-softer-dollar-easing-yields-after-us-midterm-results",
        "published": "2026-11-05T07:03:54.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}