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Gold Headlines

Gold prices book biggest daily drop in over 7 years (MarketWatch)

Gold futures suffered their steepest daily drop in more than seven years on Monday, as a positive report on a vaccine candidate sent the dollar and government bond yields higher, pressuring bullion. Pfizer and BioNTech on Monday said their COVID-19 vaccine candidate was 90% effective at preventing COVID-19, derived from the novel strain of coronavirus.

Gold plunges 4% as stocks jump on COVID-19 vaccine euphoria (Reuters)

(Reuters) - Gold slumped more than 4% on Monday as news of the first successful late-stage COVID-19 vaccine trials prompted investors to dump safe-haven bullion and flock to riskier assets instead.

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