Gold falls as Trump’s decisive election win drives up U.S. dollar
Bullion tumbled as much as 1.5 per cent as Trump’s victory rippled through global markets, with United States Treasury yields jumping and the dollar strengthening the most since 2022. A surge in the currency makes bullion pricier for many buyers.
Gold was helped Thursday by a retreat in the dollar, with the dollar index dropping 0.6% against rival currencies after surging to a four-month high following Trump's win; spot gold maintained gains ...
Investors may want to consider selling gold to pursue faster growth opportunities or keeping it as a safety net.
Diversifying your portfolio with gold offers stability and a hedge against inflation. However, in the long run, it may not ...
Gold prices plummet as Trump’s election victory boosts the US dollar and Treasury yields. Market sentiment shifts towards ...
Gold futures slump 2.5%. The fall to three-week lows reflects a soaring U.S. dollar and Treasury yields after Donald Trump won the U.S. presidential election.
Gold prices fell with news of former President Donald Trump’s election victory, with the New York spot price at the end of ...
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