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Spot gold rose 1.9% to $4,134.82 an ounce after reaching $4,146.63 during the session, its highest level since late October. December futures climbed 1.8% to $4,145.10. The gains came after the U.S. midterm election results, alongside declines in the dollar, Treasury yields and energy prices, easing inflation concerns and boosting gold’s appeal as a safe haven.
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