Gold Prices Near Two-Month Low
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Gold futuresCNBC
•Trump victory drives gold to near 2-month lows as investors pile into equities, cryptocurrencies
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 .
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