Gold is down over 1% this morning, extending recent weakness to 3-week lows on the basis that the world didn't end (and the debt ceiling was extended) we presume. Notably, both USDJPY and Bitcoin are mirroring the precious metal's move...

It seems gold's stop-run over the election night highs prompted the reversal...

Kuroda has been busy the last week or so saving the world with Yen-carry trades...