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Democratic Sweep Drops Dollar, Pushing Gold Past $4,000 Toward Key Test

Source: benzinga.com

Commodities & Raw MaterialsElections & Domestic PoliticsMarket Technicals & Flows
Democratic Sweep Drops Dollar, Pushing Gold Past $4,000 Toward Key Test

Gold jumped more than $100 intraday and moved back above $4,000 an ounce after Democrats won control of both Congress and the House of Representatives in the U.S. midterm elections. The article attributes the sharp rebound to the election result.

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