Gold prices are cooling off in a big way, hitting a one-month low, logging its worst week in five months. In India, 24-carat gold stands at around 77,440 rupees per 10 grams.
A big reason is a stronger US dollar. When the dollar rises, gold gets pricier for holders of other currencies, cooling demand.
Meanwhile, markets are pricing out the likelihood of significant rate cuts by the Federal Reserve amid broader implications of Trump's proposed policies as he returns to the Whitehouse.
Lastly, investor sentiment is shifting. With stable economic outlooks, more investors are betting on stocks over gold for better returns.
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