Gold prices fell sharply on Thursday, drifting away from a record peak hit earlier this week, as a slump in U.S. GDP and President Donald Trump’s tweet about delaying the upcoming U.S. elections triggered a sell-off in financial markets. Spot gold dipped 1.2% to $1,947.28 per ounce by 11:54 a.m. EDT (1554 GMT), while U.S. gold futures slid 0.7% to $1,940.2. “People are panicking and fleeing the equity markets and you’re seeing that weighing on metals prices,” said Phillip Streible, chief market strategist at Blue Line Futures in Chicago. A historic plunge in second-quarter GDP and a tweet by President Donald Trump ... (full story)