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.

Gold prices fell on Friday and were headed for a second straight weekly fall as traders assessed the impact of Donald Trump's presidency and its implications for U.S. interest rates. Spot gold fell 0.

Gold held a four-day drop as a sharp rally in the dollar weighed on the metal, even as US inflation data supported the case for another Federal Reserve rate cut next month.

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.

For investors who thought gold's price surge would continue unabated, however, November has proven otherwise. The price of the precious metal has dropped this month from record hi