Gold plunged below $1,800. What does this imply for the gold market? This week hasn’t been great for gold. The price of the yellow metal plunged then from $1,840 to $1,780. Actually, November was an awful month for gold prices, which dropped from a local peak of $1,941.So, what happened? Well, it seems that the positive news of the vaccines eliminated the negative tail-risk related to the pandemic. In consequence, the safe-haven demand for gold declined. On the other hand, the price of Bitcoin has jumped recently as investors increased their…
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