💨 Abstract

Gold prices dropped to a two-month low on Tuesday due to a stronger dollar, optimism about economic growth under a second Trump administration, and a broader market shift following the U.S. presidential election. Spot gold fell 0.7% to $2,600.93 per ounce, and U.S. gold futures GCv1 decreased 0.4%. The dollar's rise increased the cost of gold for non-U.S.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖