By Marco Quiroz-Gutierrez
Long a haven for nervous investors, front-month gold futures have fallen for five straight sessions in their longest streak of declines since April 2020.
The move remains relatively muted--gold has lost 1.1% to $1,844.90 a troy ounce--a sign investors still remain cautious about the prospects for vaccine rollouts quickly powering a surge of economic growth and a rise in interest rates.
Gold has stayed within a narrow range in recent weeks and remains roughly 10% from its record high of $2,051.50 hit in August.
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(END) Dow Jones Newswires
01-27-21 1520ET
