SGOL is trading at $38.34 (+3.04%) as Democrats’ midterm victories and control of Congress pressured the U.S. dollar and Treasury yields, supporting gold. - Spot bullion rose more than 2% as a weaker dollar made gold cheaper for overseas buyers and lower yields reduced the opportunity cost of holding it. - The advance aligned with the broader precious-metals rally; election-related safe-haven demand contributed. With equities higher, gold’s move appeared more tied to currency and rates than broad risk-off trading.