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Hedge funds cut bullish gold bets before prices sink

Gold set for the worst annual loss in 32 years

[NEW YORK] Hedge funds got less bullish on gold before prices dropped to the lowest level since 2010, leaving the metal poised for the worst annual loss in 32 years as investors dump bullion at a record pace.Money managers reduced their net-long position by 2.8 per cent to 32,524 futures and

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