Gold was trading at $2,697.51 per troy ounce as of 9 a.m. ET. That’s a +0.48% change since yesterday. The precious metal is up 30.55% since Jan. 1, 2024. Over the last day, its highest trading price was $2,710.44, while its lowest was $2,680.40.

Gold prices plummet as Trump’s election victory boosts the US dollar and Treasury yields. Market sentiment shifts towards higher interest rates, diminishing gold’s appeal. Technical analysis suggests bearish momentum is building, will safe haven demand ...

Gold's price has dropped to a three-week low, which could present a good opportunity for investors. Here's why.