Gold prices plunge as Trump’s decisive win drives up dollar

Gold and copper prices plummeted as Donald Trump’s victory sent the US dollar soaring. The surge in the dollar, fueled by Trump’s win and Republican control of the Senate, diminished the appeal of metals for buyers. This outcome triggered profit-taking among traders who had sought refuge in gold amidst pre-election uncertainty.

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button