"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.
