Gold is having a major fundamental shift for many investors and they’re starting to abandon their safe haven trade,” said Edward Moya, senior market analyst at OANDA.

“You’re probably going to see that the Treasury market sees some strong flows and that’s taking away some of the appeal from gold.”

Democrat control of the U.S. Senate has raised bets for large stimulus, lifting the benchmark 10-year bond yield to its highest since March.

Read more at: www.jamescommodity.com

Read more at: www.jamescommodity.com

 

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