Gold prices in India, Nov. 5 -- Gold prices in Bangalore moved higher on Thursday, 5 November, tracking a recovery in international bullion markets after the US midterm election results were announced on Wednesday.

Democrats secured majorities in both the US Senate and House of Representatives, marking a major setback for President Donald Trump. Gold prices rebounded sharply as a weaker US dollar and declining US Treasury yields boosted demand for the precious metal.

In Bangalore, gold prices rose by Rs.2,490, or 1.73%, to Rs.1,46,120 per 10 grams, while silver rates also increased by Rs.2,810, or 1.49%, to Rs.1,90,830 per kg, as of 10:25 am, according to Bullion.com. The movement in domestic gold and silver prices comes ahead of one of...