Gold after the 1986 midterm elections
After the 1986 midterm on 4 Nov 1986, gold was 17.6% higher twelve months later, from the November 1986 monthly average of $398 a troy ounce; the president's party, the Republicans, lost the Senate.
- Gold, Nov 1986
- $398
- +3 months
- +0.8%
- +6 months
- +15.6%
- +12 months
- +17.6%
- Silver +12 months
- +21.4%
In context
Ronald Reagan (R) was president.
Three months after the election gold was 0.8% higher, and six months after 15.6% higher.
That year was 3.9 points above the average midterm year (+13.7%).
Silver did better than gold over the same twelve months, +21.4%.
Of the 13 midterms since 1974, the year after 1986 ranks 6th for gold.
Monthly average prices in U.S. dollars per troy ounce (Kitco.com and the World Bank Pink Sheet), from the last full month before a period to its last full month; the record runs Feb 1971 to Oct 2026. What the record did, not a forecast.
Updated Oct 2026 · record through Oct 2026