Stronger Risk Appetite Sends Gold Below $1800

Gold plunged below $1800. Will these declines finally end?Q3 2020 hedge fund letters, conferences and moreGold Drops Below $1800November doesn’t look like a good month for gold. The declines in the precious metals market continued last week. As the chart below shows, the price of the yellow metal dropped to $1,779 on Friday (November 27).What is going on? Well, it seems that investors have switched into a risk-on state of mind, which sent the safe-haven assets such as gold substantially lower . You see, a lot of important things happened or are happening: a few vaccines are coming to the marke…

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HEDGE accordingly