IAUM is trading at $40.30, up +3.16%, as gold rose after Democrats took control of both chambers in the November 4 midterm elections; a weaker dollar and falling Treasury yields supported demand for the non-yielding metal. - Reuters reported spot gold rose over 2% amid the softer dollar; CNBC also reported precious-metals gains and lower yields. - This is a gold-market catalyst, not company-specific news. IAUM closed at $39.07 on November 3, so the live gain represents a sharp rebound.