BusinessPhoto: News18 BusinessGold and Silver ETFs Rally Up to 6% After US Midterm Election Results
Gold and silver ETFs surged between 3% and 6% on November 4, driven by a weaker US dollar, falling Treasury yields, and geopolitical uncertainties following the US midterm elections. Silver ETFs outperformed gold, with ICICI Prudential Gold ETF rising 3.52% and Nippon India ETF Gold BeES up 3.37%. Democrats gained control of both Senate and House, influencing bullion prices globally.
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