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CNBC

Trump victory drives gold to near 2-month lows as investors pile into equities, cryptocurrencies

CNBC
Summary
Nutrition label

76% Informative

Gold prices have tumbled to near two-month lows as the dollar continues to strengthen following Donald Trump's election victory last week .

Spot prices of the yellow metal have dropped nearly 7% since the election results last week to $ 2,559.2 per ounce.

"There's a pause in the bull market in gold and silver, and that may continue for the next couple of weeks ," said Citi 's global head of commodities research Maximilian Layton .

VR Score

85

Informative language

89

Neutral language

74

Article tone

formal

Language

English

Language complexity

52

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

External references

no external sources

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