04 Nov 2026 | 3 Mins Read
Silver surges 4% past $51/oz after Democrats win US midterm elections
Flipitmoney
Silver prices surged over 4% to above $50 per ounce after Democrats won the US midterm elections, pressuring the dollar and yields and supporting precious metals. HSBC projects limited further upside for silver, with supply expected to rise and the market deficit to shrink sharply by 2026, reducing the scope for major price rallies.