Gold Prices Plummet Post-Trump Victory, Sparking Market Concerns
TL;DR
Gold prices fell sharply following Donald Trump's election victory, marking the worst performance in at least 13 US presidential election cycles, with a nearly 7% drop. Despite this immediate decline, the long-term forecast for gold remains bullish, contrasting with the post-election boost seen in other asset classes like stocks and Bitcoin.
- Gold Loses Some Luster After Trump’s Decisive Win Bloomberg
- Gold Prices Set For Worst Week Since 2021 in Aftermath of Trump’s Victory The Wall Street Journal
- Bears rule both Wall Street and Main Street as gold’s slide sparks fear of further decline Kitco NEWS
- Gold Price Forecast: XAU/USD Bulls in Retreat Post-Trump FOREX.com US
- 3 smart gold moves to make while the price is dropping CBS News
Want the full story? Read the original reporting
Read on Bloomberg