Gold falls below $1,900 level as U.S. dollar, yields rise

U.S. gold futures slid 2.4% to $1,900. “It looks like some of the euphoria is coming out of the gold market,” with a test of support around $1,800 now looking possible, IG Markets analyst Kyle Rodda said. A jump in U.S. Treasury yields helped the dollar extend its winning streak, making gold more expensive for those holding other currencies. …read more

Source:: Yahoo Finance