Gold futures headed lower Friday, pulling back after two straight days of gains, with prices poised to register their first weekly loss in 10 weeks on the back of recent strength in U.S. Treasury yields. The week began with gold trading in record territory, but will end with “several factors weighing on the price of gold,” including hopes for a COVID-19 vaccine and a rise in Treasury yields, said Chris Gaffney, president of World Markets at TIAA Bank. Higher yields in government debt have been attributed to some of the softness in the gold, which doesn’t offer a yield. The 10-year Treasury note yield TMUBMUSD10Y, ... (full story)