{video} Gold’s headline-setting rally has been engulfed by volatility as investors reassess the merits of one of the hottest pandemic-driven trades of 2020. After collapsing on Monday, the haven sank far below US$1,900 an ounce on Tuesday only to overturn those losses as the day wore on. After setting a record above US$2,000 an ounce last week, gold’s rally has come to a sudden halt as U.S. bond yields rose, eroding the haven’s appeal. The initial drop followed modest outflows from gold-backed exchange-traded funds, and a 15-day run in overbought territory for the relative strength index. Gold had been one of the ... (full story)