Gold Falls Sharply Amid Strong USD, Trump Influence
Gold (XAU/USD) continues its slide, now trading in the $2,620s, over $50 below last week’s close. A stronger US Dollar (USD) is the main factor, with the Dollar Index (DXY) up nearly 0.5%. Optimism surrounding President-elect Donald Trump’s economic policies, expected to support the USD, is driving the shift. Since Gold is priced in USD, […]