The price of gold traded at $2,635.65 per troy ounce, as of 9 a.m. ET. That’s down 2.29% from yesterday’s gold price per ounce and up 27.55% since the beginning of the year. The lowest trading price within the last 24 hours: $2,617.82 per ounce. The highest gold spot price in the last 24 hours: $2,703.98 per ounce.

A cooling gold price could cause investors to readjust their strategy but dramatic adjustments may not be needed if investors remember the following three items:

In India, the price of 24-carat gold was quoted at ₹74,620 per 10 grams on November 14, while 22-carat gold stood at ₹68,402 per 10 grams.

The price of gold traded at $2,611.72 per troy ounce, as of 9 a.m. ET. That’s down 0.91% from yesterday’s gold price per ounce and up 26.39% since the beginning of the year.

For investors who thought gold's price surge would continue unabated, however, November has proven otherwise. The price of the precious metal has dropped this month from record hi