Will gold rate increase in coming days

Gold has had an impressive year so far, outperforming many other assets over the last several months. Throughout 2024, the price of gold has consistently broken records and reached new all-time highs, fueled in large part by economic uncertainty, global instability and investor interest, underscoring its allure as a reliable investment in turbulent times.

On the eve of the U.S. presidential election, the price per ounce was sitting at $2,748, just shy of its recent peak — and up by over 33% year-to-date. 

However, shortly after the election, gold's price began to fall, dipping by about $80 to around $2,669 per ounce.

This post-election plunge, which marked a three-week low, caught many investors by surprise and sparked speculation about what lies ahead for gold's price. While some investors might be wary of the price drop, viewing it as a sign of instability, others see it as a potential entry point. 

This price drop raises an intriguing question: Is now the right time to buy into gold?

Given its strong upward trajectory this year, today's lower price may offer

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