Reported 13 days ago
Gold remains close to a one-month low after a significant drop, driven by the strengthening dollar following Donald Trump's presidential win. The dollar has reached its highest levels in a year, influencing a decline in gold prices by over 4% since the election. Despite the current downturn, gold is still up more than 25% this year, supported by the Federal Reserve's easing measures and global economic uncertainties. Investors are awaiting upcoming inflation data that could impact future interest rates.
Source: YAHOO