Gold Prices Decline as Trump Leads in U.S. Elections

Reported 19 days ago

Gold and copper prices fell sharply following Donald Trump's victory in the U.S. elections, leading to a stronger dollar. This market reaction reflects traders' concerns over potential trade repercussions and geopolitical instability. October's prior gains in gold, driven by uncertainty, were reversed as investors took profits, while analysts remain cautiously optimistic about gold's long-term value against inflation risks.

Source: YAHOO

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