Gold Falls $113.60 to 52-Week Low of $3,889.40
Gold shed more than 5.5% over three sessions, with rising bond yields, a stronger dollar and profit-taking cited as drivers.
By Ryan DezemberGold prices fell to a 52-week low Thursday, dropping $113.60 a troy ounce to settle at $3,889.40. The precious metal has shed more than 5.5% over the past three sessions, driven lower by rising bond yields, a stronger dollar and sellers who are cashing out of winning trades to cover…