Gold investing hit an 11-year high in 2023 amid concerns over inflation and an increased need for safe-haven assets. And the price of the metal responded accordingly in 2024, breaking numerous price records in seemingly every month this year after starting ...

The price of gold traded at $2,611.72 per troy ounce, as of 9 a.m. ET. That’s down 0.91% from yesterday’s gold price per ounce and up 26.39% since the beginning of the year.

Gold futures dropped Monday, with strength in the U.S. dollar contributing to the metal’s fall to its lowest price in more than four weeks following Donald Trump’s victory last week in the U.S. presidential election.

The impressive year-to-date rally in gold has seen a temporary dip following the recent US election results, according to a World Gold Council report.A mix of stronger bond yields, a rising US dollar,

The price of gold traded at $2,635.65 per troy ounce, as of 9 a.m. ET. That’s down 2.29% from yesterday’s gold price per ounce and up 27.55% since the beginning of the year. The lowest trading price within the last 24 hours: $2,617.82 per ounce. The highest gold spot price in the last 24 hours: $2,703.98 per ounce.