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.

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

The impressive year-to-date rally in gold has seen a temporary dip following the recent US election results, according to a World Gold Council report.A mix of stronger bond yields, a rising US dollar,

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.

Gold has long been viewed as a safe-haven investment, favored as a hedge against inflation that offers stability during times of global unrest. However, with gold prices repeatedly breaking new records in recent months,