Canada's Gold Miners Rally as Democrats Sweep Congress -- Market Talk
Dow Jones2026/11/04 16:381138 ET - Canadian miners lead the gainers in Toronto after Democrats sweep U.S. Congress and the Senate. Gold and silver are both higher after U.S. midterm election results showed the Democratic Party taking control of both chambers. The price of gold is up 2.8% to $4,051 an ounce, while silver jumps 4.4% to $52 an ounce. Gold traded above $5,000 an ounce before the war in Iran began in February and dropped to current levels in late October as soaring energy costs raise expectations of further interest rate hikes. Among the top gainers of the session are G Mining Ventures, Torex Resources, Aya Gold & Silver and Equinox Gold, as well as major names in the sector such as Kinross, Barrick Mining and Lundin Gold.(adriano.marchese@wsj.com)
(END) Dow Jones Newswires
November 04, 2026 11:38 ET (16:38 GMT)
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