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via finance.yahoo.comMarkets

Gold and bitcoin rally after midterms as the dollar slips

FROM THE WIRE · FINANCE.YAHOO.COM

Gold and bitcoin spent most of 2026 as the market's two worst bets. The morning after the midterm elections, both are rallying while the dollar slips. Gold futures (GC=F) jumped more than 3% Wednesday, back above $4,000 an ounce, and bitcoin (BTC-USD) rose nearly 4%, back above…

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bullishGold, silver and bitcoin rise as a weaker dollar revives the debasement trade.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Gold futures jumped more than 3%, back above $4,000 an ounce.
  2. 02Bitcoin rose nearly 4% back above $80,000 while silver gained about 5%.
  3. 03The dollar index slipped after the Democratic sweep of Congress, though it pared part of the loss.
NEWS IMPACT AND MARKET REACTIONChange from the reference price
US Dollar IndexFX:DXYFX pair101.4000-0.01%today -0.34%Negative GoldCOMMODITY:GOLDCommodity4,072.80 USD+0.06%today +3.36%Positive SilverCOMMODITY:SILVERCommodity52.31 USD+0.04%today +5.15%Positive BitcoinBTCUSDCrypto80,134.00 USD-0.22%today +3.61%Positive
US 10-Year TreasuryBOND:US10YBond—n/aNeutral
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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