GOLD COLLAPSES BELOW $1,900 AS ROUT EXTENDS

MUMBAI: Gold sank below $1,900 an ounce to head for its biggest two-day loss in more than seven years as investors step back from one of the hottest trades of 2020. After setting a record above $2,000 an ounce last week, gold’s rally has come to a juddering halt as US bond yields advanced, eroding the haven’s appeal.