Gold prices tumbled on Thursday slicing through support level as US yields surged and the dollar gained traction. The move-in yields which was the largest rise in the past 3-years, comes as the jobs market continues to tighten. With rates unlikely to rise, and the bar to change interest rates becoming higher, yields could continue to back up. Bund yields also tumbled, moving in lockstep with the US treasury yield. Jobless claims continue to fall this week, suggesting that the labor market is continuing to tighten. Gold prices tumbled Thursday as yields moved higher slightly through support near the 100-day moving ... (full story)