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Gold rose from around $3,900 per ounce to a peak of $4,145 after the US midterm elections, then fell sharply before recovering to about $4,065.97. The article links the reversal to stronger-than-expected US employment data, which showed 165,000 jobs added in October and unemployment at 4.1%.
Stronger US data can strengthen expectations for tighter Federal Reserve policy and support the dollar, which may weigh on dollar-denominated commodity prices.
vietnam.vnBáo Dân tríNov 8, 2026After 2,356 past bullish macro events, US Dollar (Broad) moved a median +0.2% over 5 sessions (60% higher; middle half -0.3% to +0.7%), and +0.4% 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.
