World stock markets rose to a six-year high on Monday on optimism about the global economy heading into 2014, while the euro strengthened against the dollar and yen on comments by European Central Bank chief Mario Draghi.

U.S. benchmark yields slipped below the 3 percent threshold after they hit a two-year high last week on expectations of improving domestic growth as the Federal Reserve begins to pare its massive bond-purchase stimulus in January.

Views on economic improvement further reduced the appeal of gold, which will record its biggest annual loss in 32 years.

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