Gold after the 2002 midterm elections
After the 2002 midterm on 5 Nov 2002, gold was 22.3% higher twelve months later, from the November 2002 monthly average of $319 a troy ounce; the president's party, the Republicans, kept both chambers.
- Gold, Nov 2002
- $319
- +3 months
- +12.5%
- +6 months
- +11.6%
- +12 months
- +22.3%
- Silver +12 months
- +15.6%
In context
George W. Bush (R) was president.
Three months after the election gold was 12.5% higher, and six months after 11.6% higher.
That year was 8.6 points above the average midterm year (+13.7%).
Silver did worse than gold over the same twelve months, +15.6%.
Of the 13 midterms since 1974, the year after 2002 ranks 4th 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