Gold prices retreated on Friday and were on track for their biggest weekly fall in over five months, as markets digested Donald Trump’s victory and its potential impact on the U.S. interest rate trajectory.
Spot gold fell 0.7% to $2,687.48 per ounce as of 1224 GMT and was down 1.7% for the week. U.S. gold futures shed 0.4% to $2,694.60.
