Gold prices rose on Thursday but traded near a three-week low, as market participants awaited an expected rate cut decision by the U.S. Federal Reserve later in the day.
Crude oil prices fell on Thursday after a choppy trading in the previous session as investors assessed Donald Trump's return.
Gold futures slump 2.5%. The fall to three-week lows reflects a soaring U.S. dollar and Treasury yields after Donald Trump won the U.S. presidential election.
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For centuries, people have turned to gold as a safe haven to preserve wealth. Today, despite the emergence of new investment ...