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Gold bulls can't shake Fed woes as values plunge

Traders still betting on a rate increase by year's end

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Gains in the US job market are showing that the economy is strong enough to withstand higher interest rates and cutting demand for the precious metal as a haven.

New York

GOLD bulls can't shake the spectre of higher US interest rates as Federal Reserve policymakers gather this week.

Prices are trading near a one-month low, investors are dumping holdings through exchange-traded products, and the metal's volatility is rebounding. A resilient

sentifi.com

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