Gold Tumbles Most Since July (As Bitcoin Bounces)

Gold is down over 1% this morning, extending recent weakness to 3-week lows on the basis that the world didn’t end (and the debt ceiling was extended) we presume. Notably, both USDJPY and Bitcoin are mirroring the precious metal’s move…
It seems gold’s stop-run over the election night highs prompted the reversal…

This post was published at Zero Hedge on Sep 18, 2017.