Price of gold drops after French election
![french election](https://www.jewelleryfocus.co.uk/wp-content/uploads/2017/04/emmanuel-macron-marine-le-pen-e1493022848990-780x470.jpg)
The price of gold has dropped following the first round of the French election.
Since Emmanuel Macron won the first round of the presidential election with 24%, the price of gold has fallen to a seven week low.
The precious metal, which is considered a safe haven investment, saw a 1.3% loss. The price recovered during overnight trading and has remained stable since.
As of 7am BST this morning (24 April) gold is trading at around $1,271 (ยฃ1,341) per ounce.