Gold prices started last week on stable footing, but stability had turned into losses by the time Friday was finished. Gold in USD-terms (XAUUSD) fell only by -0.06% on the week but had dropped by -1.51% from Thursday’s high, down to 1290.65 per ounce. Amid the swing back in risk appetite towards higher yielding, higher beta currencies and risk-correlated assets, Gold in AUD-terms (XAUAUD) and EUR-terms (XAUEUR) dropped meaningfully over the course of the entire week, falling by -1.06% and -0.84%, respectively. The major driver in the second half of the week was the agreement between the EU and the UK that the Brexit ... (full story)