💨 Abstract

Gold prices fell on Friday due to increased U.S. Treasury yields, reducing the appeal of non-yielding bullion. Markets are focusing on President-elect Donald Trump's return to office and his potential impact on the Fed's 2025 outlook. Gold has lost 0.2% this week and is down 0.7% to $2,614.91 per ounce.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖