Gold tumbles $112 as sellers break below the late-October/early-November low

What we know so far

investingLive (Nov 12, 23:58): Gold is trading sharply lower, down around $112, or 2.82%, at $3875 after reaching a session low near $3852. The decline in gold is also being reinforced by a higher US dollar and sharply higher Treasury yields. The US 2-year yield is up nearly 14 basis points at 4.86%, while the 10-year yield has climbed nearly 12 basis points to…