Gold Climbs to $3,966 as Silver Reclaims $50 on Election Uncertainty

Gold has erased its election-day dip and pushed to $3,966, testing resistance near $3,970. Silver reclaimed $50 but lagged behind, widening the gold/silver ratio as safe-haven demand, not rate expectations, took over this afternoon.
Gold Buyers Split in Q3. Central Banks Bought 42% More

The latest quarterly World Gold Council data show a striking divide: official gold demand increased while bar-and-coin buying lost ground. The reported-versus-estimated gap and rising ETF holdings show why the split is not a gold-price forecast.
