Gold and silver rebound following U.S. midterm elections - Canadian Coin News

AI desk brief

Gold traded at US$4,119.50/oz and silver at US$52.39 at 7:33 a.m. Eastern on Nov. 5, 2026, extending a recovery following U.S. midterm elections. The report attributes support to a weaker dollar and declining Treasury yields, although nominal yields alone do not establish a real-yield move. Gold had recovered nearly 5% from its Oct. 30 close to Nov. 4, while silver rebounded after falling below US$50 earlier that week. Both remained substantially below reported January highs of US$5,405 and US$118.45, respectively; the morning gold-to-silver ratio was approximately 78.6.