Affected by multiple factors, the international gold price continued its downward trend on the 14th, falling below the $2,600 per ounce mark, hitting a two-month low.
On November 14, the international gold price opened at $2,572.91 per ounce, reaching a high of $2,581.24 per ounce and a low of $2,555.22 per ounce, a drop of 0.58%, falling for five consecutive days. As of 15:00 on November 14, the international gold price was $2,555 per ounce, down nearly 7% from its historical high.

"With the implementation of the US election, there are many uncertain factors and geopolitical conflicts, which have led to a drop in gold prices." Li Yang, a senior gold investment analyst, said that the transfer of profit-making funds is also a reason for the continued decline in gold prices.

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