Gold Got Dumped on Vaccine Hopes and Removal of Election Overhang

Pfizer coronavirus vaccine news has sharply lifted market sentiment. As the positive news raised hopes that the pandemic will soon be under control and global economy will be back on track, gold price, a traditional safe-haven asset, dived. The benchmark Comex contract slumped almost US$100/oz to settle at US$1853.2/oz. This one-day selloff has erased gold’s […]

The post Gold Got Dumped on Vaccine Hopes and Removal of Election Overhang appeared first on Action Forex.

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