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Gold prices held steady after early US midterm results pointed to Democrats gaining ground in both houses of Congress. Traders were also weighing prospects for Iran talks, after a modest retreat in the previous session.
Gold is not a feed commodity, so the direct effect on feed buyers is limited. The move reflects dollar and rate expectations that also feed into broader macro and currency pricing.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.