# Gold heads for best week since August as U.S. political shift lifts bonds By Investing.com

> Gold retreated on Friday as the US dollar recovered some ground after a sharp post-election rally in bullion. Gold had gained more than 5% for the week as the Democratic sweep weakened the dollar and Treasury yields, while equity-market losses prompted some investors to liquidate positions.

- Date: 2026-11-06 · published 2026-11-06T12:15:09.452Z
- Category: macro · region United States · magnitude low
- Page: https://feedsoft.ai/events/83891-gold-heads-for-best-week-since-august-as-u-s-political-shift-lifts-bonds-by
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

A firmer US dollar can make dollar-priced commodities more expensive for buyers using other currencies and may weigh on demand. The article does not establish a direct effect on feed-commodity supply or demand.

## Read by commodity

- DXY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2023-06-29 | [Gold hits 3-mth low, copper slips as Powell flags more rate hikes By Investing.com](https://feedsoft.ai/events/35416-gold-hits-3-mth-low-copper-slips-as-powell-flags-more-rate-hikes-by-investing.md) | +0.4% | -1.2% |
| DXY | 2021-10-01 | [Dollar heads for best week in months as Fed tightening looms](https://feedsoft.ai/events/44797-dollar-heads-for-best-week-in-months-as-fed-tightening-looms.md) | -0.1% | -0.4% |
| DXY | 2026-06-29 | [FX Outlook: A Busy Week Ahead \| Investing.com UK](https://feedsoft.ai/events/19033-fx-outlook-a-busy-week-ahead-investing-com-uk.md) | -0.0% | -0.1% |
| DXY | 2026-08-31 | [US Dollar Correction Has Begun as Fed Repricing Collides With EU Political Risks \| Investing.com](https://feedsoft.ai/events/18083-us-dollar-correction-has-begun-as-fed-repricing-collides-with-eu-political.md) | -0.6% | +1.6% |
| DXY | 2024-12-19 | [Australia hit by $50b bomb in global panic \| news.com.au — Australia’s leading news site for latest headlines](https://feedsoft.ai/events/27218-australia-hit-by-50b-bomb-in-global-panic-news-com-au-australia-s-leading-news.md) | +0.5% | +1.4% |

## Sources

- uk.investing.com: https://uk.investing.com/news/commodities-news/gold-heads-for-best-week-since-august-as-us-political-shift-lifts-bonds-4963090

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