US Gold is trading up 10.45% at $11.10 on November 4, alongside a sharp rise in gold and precious-metals shares.
- Reuters reported gold climbed over 2% as the dollar weakened after Democrats won control of both chambers in the midterm elections; a weaker dollar makes bullion more affordable to overseas buyers.
- The stock rebounded after closing at $10.05 on November 3. No clear company-specific announcement explaining the move was found.