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• US-listed shares of gold miners rise premarket, with spot gold rising 3%
• Spot gold up 3.02% at $4,46.90/oz, bolstered by a weaker US dollar after Democrats seized control of both the Senate and House in US midterm elections [GOL/]
• Top miners Barrick and Newmont each climb over 5%
• Agnico Eagle Mines and Kinross Gold up 5% and 6.8% respectively
• Dollar hits a one-month low as Democrats scored a decisive win in the US midterm elections, fuelling fears the Democratic sweep could disrupt the data-centre buildout that has powered the AI trade and hurt tech spending
• "Gold celebrated the Democrats' victory...the retreat in the dollar and Treasury yields, the reduced Fed hike bets, and the risk aversion on Wall Street, increased gold's appeal" - Charalampos Pissouros, senior market analyst at XM
• Spot gold down 6.3% so far this year
(Reporting by Arunima Kumar in Bengaluru)