️🇺🇸 Reuters: Gold hit a two-week high as the dollar and US Treasury yields fell following the sweeping midterm victory of the Democrats.
Spot gold rose 1.9% to $4,134.83 an ounce at 0316 GMT, after rising 3.4% on Wednesday. December gold futures climbed 1.8% to $4,144.20.
Investors await Friday's US jobs report for clues on Federal Reserve policy. The markets see an 82% chance of an interest rate hike in December, which could weigh on gold.