TOKYO -- The vaccines now offering the world potential exits from the yearlong coronavirus pandemic are having bearish effects on the gold market.
.JPG?width=970&fit=cover&gravity=faces&dpr=2&quality=medium&source=nar-cms&format=auto)
Gold-backed ETFs needed only the first 10 months of this year to set a record for the amount of gold added to their portfolios in one year, taking in more than 1,000 tons. © Reuters
Market Spotlight
Gold loses shine as investors get a shot of vaccine optimism
Price slides but weak dollar and renewed Asian buying support bull case for 2021
Read Next
Latest on Market Spotlight
