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

Updated : November 30, 2020 03:44 PM IST

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.
But Citi said it expected bullion’s sell-off to taper in December with support in the mid-$1,700s.
Vaccine optimism puts gold on course for worst month in four years

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