Gold Headlines

Dow falls 250 points, but is still on track for its best month since 1987

German inflation falls deeper into negative territory after VAT cut

Gold spirals lower on vaccine-led economic recovery bets

"The news of vaccines has led to a lot of optimism in the market and we are seeing some outflows in safe-haven assets like the dollar, Treasuries and the same is being reflected in gold prices," said OANDA analyst Craig Erlam. Gold prices fell despite the dollar hitting its lowest level in two and a half years. Bullion has declined more than $300 an ounce from a record high of $2,072.50 an ounce hit in August.

Euro zone yields trade a touch lower; German 10-year Bund yield at 3-week low

Vaccine optimism puts gold on course for worst month in 4 years

"Vaccine-inspired optimism about an economic bounce is really eroding the attraction of safe-haven investments like gold," said Michael McCarthy, chief strategist at CMC Markets. Vaccine optimism drove the dollar to a more than two-year low and put world stocks on course for a record month. "Gold looks bearishly biased and I don't see any signal of a trend reversing anytime soon," said Margaret Yang, a strategist at DailyFX.

China central bank offers salve to jittery markets with surprise MLF injection

Global shares take a breather after stellar month, China data upbeat

Asia’s 20 Richest Families Control $463 Billion

Gold prices slump below key level on Black Friday, set for sharpest weekly fall in 2 months

Turkey Has No Cure for a Gold Craze That Leaves Lira Vulnerable