Rising risk appetite pulls bullion down

18.10.2021

Gold prices fell on Friday as a rebound in U.S. bond yields and a surprise increase in September retail sales dented bullion’s safe-haven status.

Spot gold fell 1.5% to $1,768.38 per ounce by 01:43 p.m. ET (1743 GMT). U.S. gold futures settled down 1.7% at $1,768.30.

“Gold has everything going against it....