U.S. 10-year Treasury notes hit a record low yield below 1.6% Thursday, to underscore the investor risk aversion in the market place.

FORBES: By Jim Wycoff Of Kitco News

As the year winds down there is less investor and trader risk aversion in the market place and that has been bearish for the gold market.

FORBES: P.M. Kitco Metals Roundup: Gold Ends Sharply Lower amid Improving U.S. Economic Data, More Technical Selling