Gold Prices Rebound Amid Inflation Fears

Gold prices rebounded over 2%, hitting $3,957.19 per ounce. Softer oil prices eased inflation fears, but a Federal Reserve rate hike is still expected. Meanwhile, silver climbed 3.7% to $50.91 per ounce, with platinum and palladium also gaining. Historical data shows stocks typically perform well after midterm elections, regardless of political outcomes.