Gold futures pulled back on Tuesday as stocks looked to rebound from their steepest one-day loss since 2008 and as government bond yields jumped off their historic lows seen after a coronavirus and crude-oil sparked plunge.
A number of gold bulls, however, remain firmly optimistic on the outlook for the precious metal amid the uncertainty engendered by the coronavirus epidemic from China that has sickened at least 115,000 and claimed more than 4,000 lives world-wide.