That said, this lower entry price point offers an opportunity for investors who have yet to add gold to their portfolio. But whether you're just getting started or already have go

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.

Gold futures dropped Monday, with strength in the U.S. dollar contributing to the metal’s fall to its lowest price in more than four weeks following Donald Trump’s victory last week in the U.S. presidential election.

Here are three smart moves to consider while gold prices are on the decline:

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.