Gold after the 2022 midterm elections
After the 2022 midterm on 8 Nov 2022, gold was 15.0% higher twelve months later, from the November 2022 monthly average of $1,725 a troy ounce; the president's party, the Democratics, lost the House.
- Gold, Nov 2022
- $1,725
- +3 months
- +7.5%
- +6 months
- +15.5%
- +12 months
- +15.0%
- Silver +12 months
- +11.9%
In context
Joe Biden (D) was president.
Three months after the election gold was 7.5% higher, and six months after 15.5% higher.
That year was 1.4 points above the average midterm year (+13.7%).
Silver did worse than gold over the same twelve months, +11.9%.
Of the 13 midterms since 1974, the year after 2022 ranks 7th 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