As gold's price falls, investors should remember these 3 things
A cooling gold price could cause investors to readjust their strategy but dramatic adjustments may not be needed if investors remember the following three items:
Gold price today: Gold is down 0.91% today
The price of gold traded at $2,611.72 per troy ounce, as of 9 a.m. ET. That’s down 0.91% from yesterday’s gold price per ounce and up 26.39% since the beginning of the year.
Price of gold in Pakistan drops once again
Gold prices in Pakistan dropped by Rs300 per tola on Saturday, settling at Rs267,400, reflecting a $3 decrease in international markets. Silver prices remained unchanged at Rs3,250 per tola.
What gold assets should you invest in now that the price has dropped?
The price of gold is dropping, but savvy investors could capitalize on that trend by pursuing these specific assets.
Gold price today: Gold is trading at $2,635.65
The price of gold traded at $2,635.65 per troy ounce, as of 9 a.m. ET. That’s down 2.29% from yesterday’s gold price per ounce and up 27.55% since the beginning of the year. The lowest trading price within the last 24 hours: $2,617.82 per ounce. The highest gold spot price in the last 24 hours: $2,703.98 per ounce.
Why gold prices are now dropping on the heels of Trump’s win
Gold futures dropped Monday, with strength in the U.S. dollar contributing to the metal’s fall to its lowest price in more than four weeks following Donald Trump’s victory last week in the U.S. presidential election.
How far has gold's price dropped in November?
That price marks a 26% jump from where the metal started the year — but a 5% drop from where it started in November, erasing a good portion of the increase seen throughout 2024. That said, economic factors are constantly evolving and Wednesday brought news that could affect the price of gold yet again.
Gold prices fall to eight-week low: What’s driving the decline and what lies ahead
In India, the price of 24-carat gold was quoted at ₹74,620 per 10 grams on November 14, while 22-carat gold stood at ₹68,402 per 10 grams.
Why gold prices skidded from record highs to a losing streak in just two weeks
Gold fell for a fifth session in a row on Thursday, with expectations for a more restrictive monetary policy and less ...
Gold Prices Set For Worst Week Since 2021 in Aftermath of Trump’s Victory
Gold prices are on track for their worst weekly decline in more than three years, pressured down by profit-taking, a stronger ...
Gold Retreats From Record Highs Following Trump's White House Victory
Investor preferences seem to have shifted from gold to equities amid confidence in the President-elect's economic policies.
Gold is suddenly not so glittery after Trump’s White House victory
Gold fell more than 4% in the four days after Election Day, while the broad U.S. stock market climbed nearly 4%.
Has Gold Lost Its Luster?
Gold prices rose to records leading up to the presidential election, but they've slumped ever since, ending today's trading ...