Gold Drops To A Two-Month Low As Investors Turn To Bitcoin After Trump's Victory, But This Economist Remains Confident That 'Gold Will Surge'

Even after the U.S. headline and core consumer price inflation rose in the month of October, the Gold spot (NASDAQ:XAU) prices fell to a two-month low and have been hovering in the same range. Key ETFs that track gold, have also taken a beating.