Gold suffered its biggest weekly drop in more than three years this week as Mr. Trump's victory in the US election and a strengthening dollar led to a reversal of its historic rally. Analysts said some of the fall in gold was down to speculative money that moved into the next trend after the price spike. "There's been a huge influx of money into bitcoin and Tesla, which is a Trump trade, which has attracted money from classic safe havens like gold," said Nicky Shiels, head of research at MKS Pamp Group. "It's not a reversal of the bullish trend, gold has just gone up too fast and now it's getting back on a less bullish track."