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Gold rebounded above $4,000 and silver rose about 4% after the Democratic sweep pushed the dollar index to a one-month low near 101.4. WTI held near $94.90 as hopes for a US-Iran deal weighed on crude and an API inventory draw supported it.
A weaker dollar supports dollar-denominated commodity prices, while crude moves hinge on US-Iran diplomacy and inventory data. Routine price moves here carry no new supply or demand shock.
capitalstreetfx.comCSFX ResearchDeskNov 4, 2026Not 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.
