Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed 
Best Gold Stocks to Buy Now: AABB, GOLD, GDX 
The German 10-year bund yields jumped above 3 percent mark Friday for the first time since February this year on hopes that Donald Trump's economic policies could boost inflation, granting more space to the Federal Reserve for hiking interest rate in the near future.
The yield on the benchmark 10-year bond, which moves inversely to its price, rose 3 basis points to 0.308 percent, the yield on long-term 30-year note also jumped 3 basis points to 0.944 percent and the yield on short-term 2-year bond climbed 2 basis points to -0.595 percent by 09:20 GMT.
Also, market expects that the Federal Reserve will not witness any difficulty from the victory of Republican candidate Donald Trump in hiking interest rate in December, supported by improving economic conditions.
The German bunds have been closely following developments in the U.S. debt market. The United States benchmark 10-year Treasury yield rose 8 basis points to the highest in 2016 of 2.138 percent on expectations that U.S. President-elect Donald Trump's policies, such as fiscal expansion and protectionism on international trade, could support growth and inflation.
On Wednesday, the United States Republican candidate Donald Trump pinned his victory against Democrat opponent Hillary Clinton in the 2016 presidential election. Also, Trump has indicated that he would increase fiscal spending and adopt more protectionist trade policies that could support growth and inflation.
Investors revised the outlook for US interest rates after Donald Trump's victory, with the probability of a December rate hike by the Federal Reserve going from as low as 30 percent to as high as 80 percent.
Moreover, initial jobless claims in the United States fell during the week ended Nov 5, from almost a three-month high in the run-up to the country’s most impactful Presidential election concluded Nov 8, with the results being declared on the following day. Also, the fall in the number of people opting for unemployment benefits has strengthened the probability of a December interest rate hike by the Federal Reserve.
U.S.’s jobless claims fell by 11,000 to 254,000 in the week ended November 5, data released by the Labor Department report showed Thursday in Washington. The median forecast in a Bloomberg survey called for 260,000. Continuing claims rose, though the four-week average dropped to the lowest since 2000.
Meanwhile, the German stock index DAX Index traded 0.54 percent higher at 10,687 by 09:30 GMT. While at 09:00 GMT, the FxWirePro's Hourly Euro Strength Index stood slightly bearish at -93.44 (higher than -75 represents bearish trend).
