Gold price nears two-month low on post-Trump win dollar boost
Gold slipped to its lowest in nearly two months on Tuesday as growth optimism tied to Donald Trump’s election victory continued to provide boost to the US dollar. Spot gold fell 0.9% to $2,595.98 an ounce as of 12:45 p.m. ET, extending its slide from the previous session. US gold futures were down 0.6% to $2,601.50 an ounce in New York.