Rising bond yields, surging U.S. dollar send gold reeling The price of gold futures fell 3% Wednesday after former President Trump's decisive victory in Tuesday's election. Concerns that Trump's proposed policies could reignite inflation pushed bond yields and the U.

The real winners of 2024, according to Maharrey, are gold and silver. Statistics underscore their strong performance: Both metals have outperformed major stock indices like the NASDAQ, which posted a 24% gain, and even outpaced the broader commodity markets.

Gold prices plummet as Trump’s election victory boosts the US dollar and Treasury yields. Market sentiment shifts towards higher interest rates, diminishing gold’s appeal. Technical analysis suggests bearish momentum is building, will safe haven demand ...