In a stunning turn of events, gold prices have recorded their worst week in three years, as investors grapple with the implications of Donald Trump's recent election victory.

The shiny metal, often seen as a safe haven during times of uncertainty, has seen a significant sell-off, prompting questions about the future of commodities in a politically charged climate.

Analysts attribute the drop to a surge in risk appetite among investors who are shifting their focus to equities, buoyed by expectations of robust economic policies from the new administration.

The strengthening U.S. dollar further exacerbated the situation, making gold more expensive for holders of other currencies.

Market experts warn that this trend could continue in the short term, particularly if Trump’s policies lead to increased economic growth and rising interest rates, both of which historically dampen gold demand.

Some analysts are now predicting a potential rebound, depending on the unfolding political landscape and its impact on global markets.

This week's volatility serves as a reminder of gold's sensitive nature to geopolitical shifts.

While some investors are taking a wait-and-see approach, others are capitalizing on the lower prices, viewing it as an opportunity to buy into gold for the long term.

As we move into the final months of 2023, all eyes will be on how Trump's policies influence not only domestic markets but the global economy as well.

Will gold manage to recover, or are we witnessing a long-term decline for the precious metal? Stay tuned for developments in this ongoing market saga.