Gold price today: Gold is down 0.91% today
The price of gold traded at $2,611.72 per troy ounce, as of 9 a.m. ET. That’s down 0.91% from yesterday’s gold price per ounce and up 26.39% since the beginning of the year.
Why gold price is crashing
After enjoying a historic run in 2024, gold prices are retracing as markets digest Donald Trump’s return to the White House.
Gold prices drop nearly 3%, settle at a more than 7-week low
Gold futures ended Monday at their lowest in more than seven weeks, with strength in the U.S. dollar contributing to the metal’s biggest one-day decline in more than three
Gold price today: Gold is trading at $2,635.65
The price of gold traded at $2,635.65 per troy ounce, as of 9 a.m. ET. That’s down 2.29% from yesterday’s gold price per ounce and up 27.55% since the beginning of the year. The lowest trading price within the last 24 hours: $2,617.82 per ounce. The highest gold spot price in the last 24 hours: $2,703.98 per ounce.
Gold Price Loses Momentum - Factors
The impressive year-to-date rally in gold has seen a temporary dip following the recent US election results, according to a World Gold Council report.A mix of stronger bond yields, a rising US dollar,
Gold price drops 6% in 2 weeks
Vietnam gold bar price has dropped over 6% since the end of last month amid a global decline of the save-haven metal.
China's Gold Market In October: Unseen Price Records Bring Unprecedented Gold ETF Inflows
Demand for Chinese gold ETFs surged, adding RMB13bn (+US$1.8bn, +21t) in October, the largest monthly inflow ever.
Gold slumps to 2-month low as dollar marches on; Fed signals in focus
Gold fell for a fifth straight session on Thursday to hit its lowest level in eight weeks, pressured by a stronger U.S.
Gold, US Dollar, EURUSD Technical Analysis: Trends Amid Dollar Strength and Inflation Risks
Gold and EUR/USD rebound from strong support, while the US dollar is correcting lower from long-term resistance.
Money Metals Exchange12d
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