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.
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.
Investors may want to consider selling gold to pursue faster growth opportunities or keeping it as a safety net.
Crude oil prices fell on Thursday after a choppy trading in the previous session as investors assessed Donald Trump's return.
Gold settled nearly 0.2% higher, up 15 of the past 19 sessions, as U.S. Presidential candidates entered the day seemingly deadlocked.
Below are three compelling reasons to consider investing in gold before 2025 rolls around: Many analysts predict gold prices ...