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What is the gold price prediction for the Diwali week? Check November 4, 2026 outlook

Gold price prediction today: The midterm results have changed the mood this week. Democrats are projected to win both the House and the Senate, which markets read as lowering the odds of a deficit-expanding agenda. The 10-year Treasury yield fell six basis points to 4.90%, the dollar weakened as much as 0.4%, its biggest fall in two months, and gold rose as much as 0.9% to above $3,960.

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