💨 Abstract

Gold prices dropped on Friday, posting their steepest weekly decline in over five months due to a stronger dollar and market absorption of Donald Trump's victory and its potential impact on U.S. interest rates. Spot gold fell 1.8% for the week, while U.S. gold futures dropped 0.4%. The dollar index gained 0.6%.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖