Gold Prices Plummet Amid Fed Signals and Trump Victory

TL;DR Summary
Despite a recent drop in gold prices from nearly $2,700 to under $2,600 per ounce, investors should consider this a temporary fluctuation and an opportunity to invest. Gold remains a safe-haven asset, providing stability against more volatile investments like stocks and real estate. While waiting for prices to fall further might be tempting, it's unlikely they will return to early 2024 levels, especially with inflation on the rise. Investors should maintain a balanced portfolio, keeping gold investments within 10% to avoid overshadowing other income-generating assets.
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- Trump victory drives gold to near 2-month lows as investors pile into equities, cryptocurrencies CNBC
- Gold Prices Set For Worst Week Since 2021 in Aftermath of Trump’s Victory The Wall Street Journal
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