New Delhi, Nov. 5 -- Gold and silver prices, 5 November: Gold and silver prices edged higher in the domestic market on Thursday, following the recently concluded US midterm elections, which saw a blue wave with Democratic victories.

In the international market, precious metals saw strong gains on Wednesday, while the value of the dollar fell, following the US midterm elections. Spot gold was 3.4% higher at $4,061.30 an ounce, while spot silver jumped 5.1% to trade at $52.29 per ounce. Front-month gold futures added 3.4% to settle at $4,073, while silver futures were up 5.1% at $52.28.

Both gold and silver enjoyed record-breaking rallies in 2025, surging 66% and 135% respectively over the course of the year as investors sought safe haven...