The gold market’s exuberance is catching up with the yellow metal. December gold futures slid 1.8% on Thursday, building on losses earlier this week and setting up the potential for gold’s steepest weekly decline since May 2017. All told, bullion GCZ19, +0.23% GC00, +0.23% is now almost $100 lower than where it stood two months ago, when I wrote that excessive optimism among the gold timers meant that gold’s near-term direction was down. Read: Gold drops to a 3-month low as yields climb on signs of progress U.S.-China trade talks The shares of gold mining companies have been hit particularly hard. VanEck Vectors Gold ... (full story)