Gold prices rose to records leading up to the presidential election, but they've slumped ever since, ending today's trading with the biggest weekly price decline since the Covid lockdown in March 2020. Gold futures fell for the seventh time in eight trading sessions since the election and are now 8% off the all-time high of $2,788.50 a troy ounce hit on Oct. 30. Shares of the huge SPDR Gold Shares exchange traded fund—a popular way for individual investors to trade gold—are down 8% from their peak and on a six-day losing streak.