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via livemint.comMarkets

Gold and silver ETFs rally after Trump setback in US midterms

FROM THE WIRE · LIVEMINT.COM

Gold and silver ETFs rallied after the Democrats' US midterm election victory weakened Trump's political position. A softer US dollar, falling bond yields and geopolitical uncertainty supported bullion prices. Here's what drove the rally and what investors should watch.

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bullishA weaker dollar and falling bond yields support bullion prices.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Gold and silver ETFs rallied after Democrats won the US midterm elections.
  2. 02A softer dollar and falling bond yields supported prices.
  3. 03Geopolitical uncertainty also contributed to the rally.
NEWS IMPACT AND MARKET REACTIONChange from the reference price
GoldCOMMODITY:GOLDCommodity4,139.40 USD0.00%today +1.63%Positive SilverCOMMODITY:SILVERCommodity52.73 USD-0.20%today +0.85%Positive
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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