The yellow metal's decline comes amid concerns about the higher-for-longer interest rates with Donald Trump’s return to the White House, says expert

Prices are peaking at a time when a large number of residents and visitors buy precious metal jewellery during Indian festivals

Gold futures dropped Monday, with strength in the U.S. dollar contributing to the metal’s fall to its lowest price in more than four weeks following Donald Trump’s victory last week in the U.S. presidential election.