Gold price today: Yellow metal falls lower on coronavirus vaccine-led economic recovery bets
Gold price extended its slide to five month lows today as prospects of a coronavirus vaccine-led boost to the economy cast a shadow over safe-haven assets and set bullion on course for its worst month in four years.
Spot gold price dipped 1% to $1,770.56 per ounce by 1337 GMT, and was down 5.7% so far this month. The metal also hit its lowest level since July 2 at $1,764.29 earlier in the session.