Gold prices fell after Trump's announcement of the Greenland agreement

Gold prices dropped sharply at auction on the evening of January 21 amid statements by US President Donald Trump about Greenland. In 25 minutes, gold fell by 1.93%, retreating from record highs, and dropped to $4,762.3 per ounce at a low. Before the fall, the price of gold was $4,855.9 per ounce. This was reported by Bloomberg on January 22.

On the morning of January 22, the price of gold continued to decline. February gold futures on the New York Mercantile Exchange (COMEX) lost 0.85% to $4,796.6 per ounce.

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