Markets are dismissing gold as a hedge against inflation, despite Trump's policies potentially raising US inflation.
George Saravelos, head of FX research at Deutsche Bank, outlines three reasons for the price action in gold following Trump's election win. Read more here.
Gold fell for a fifth straight session on Thursday to hit its lowest level in eight weeks, pressured by a stronger U.S.
Gold fell more than 4% in the four days after Election Day, while the broad U.S. stock market climbed nearly 4%.
Markets have already picked up on the likelihood of a stronger US currency under Trump's presidency. The US Dollar Index, ...