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05.11.2026 / 08:45

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Gold prices rose above $4150 amid US election results

The growth occurred on both Wednesday and Thursday.

Photo: magnific.com

Gold prices rose sharply on Wednesday, December 4, after the preliminary results of the US midterm elections became known. The growth continued on Thursday morning.

December gold futures on the COMEX exchange rose by 3.37% by the end of Wednesday's trading — to $4073 per ounce.

On Thursday morning, quotes rose by another 2.03% and at their peak reached $4155.8 per ounce, according to trading data.

In just two days, prices for the precious metal rose by 5.47%.

Gold last traded above $4150 per ounce on October 22.

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Main

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