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Gold jumps more than 2% on softer dollar after Democratic midterm sweep

Gold prices rose over 2% on Wednesday, bolstered by a weaker US dollar after Democrats seized control of both the Senate and House in US midterm elections, while investors await non-farm payrolls data for clues to the Federal Reserve's policy path.

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民主党中期选举大获全胜后,美元走软,金价上涨逾2%。

Gold prices rose over 2% on Wednesday, bolstered by a weaker US dollar after Democrats seized control of both the Senate and House in US midterm elections, while investors await non-farm payrolls data for clues to the Federal Reserve's policy path.

Spot gold climbed 2.4% to $4,021.68 per ounce by 0718 GMT, while US gold futures for December delivery rose 2.3% to $4,031.20.

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