Loading…
Gold rose above $4,000 an ounce on November 4 after US midterm results pointed to a Democratic majority in both chambers of Congress, weakening the dollar and Treasury yields. Egyptian local gold prices rose accordingly.
Gold moves reflect dollar and yield weakness and safe-haven demand; the story is about precious metals rather than feed commodities, so the direct impact on feed buyers is limited.
almalnews.comعمر سالمNov 4, 2026After 1,637 past bearish macro events, US Dollar (Broad) moved a median -0.2% over 5 sessions (39% higher; middle half -0.6% to +0.3%), and -0.2% over 20.
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.
