Investors assess how a Democratic midterm win could reshape gold, Bitcoin, and stocks amid policy shifts

A CNBC survey shows voters on both sides fear the opposing party's control of Congress. Polymarket gives Democrats a 93% chance of winning the House and 65% for the Senate. A World Gold Council note outlines four policy areas a Democratic Congress could influence. On spending, gridlock could limit deficit-expanding bills, potentially supporting gold if tariffs are pressured, while lower Treasury yields could buoy stocks. On war funding, a Democratic Congress might restrict military efforts in Iran, which could ease inflation and support gold, though Brent crude near $114 and an 80% chance of a December Fed hike present headwinds. On AI policy, a Democratic Congress could scale back federal support or tighten regulation, potentially impacting tech stocks. Bitcoin tends to move inversely to the dollar; a firmer dollar from smaller deficits would weigh on BTC, which traded at $79,894, down 1.2% in 24 hours.