# Gold Rips $100 Off A One-Year Low Back Above $4,000 As The Blue Sweep Crushes The Dollar: Silver Surges 4%, WTI Defends $94.90 And 15:00 GMT ISM Decides If It Lasts

> 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.

- Date: 2026-11-04 · published 2026-11-04T12:12:55.287Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/79680-gold-rips-100-off-a-one-year-low-back-above-4-000-as-the-blue-sweep-crushes-the
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

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.

## Read by commodity

- DXY: bearish ▼

## Sources

- capitalstreetfx.com: https://www.capitalstreetfx.com/market-analysis/daily-commodity-report-04-nov-2026/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.