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MONEY MATTERS
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High-yield assets are in, gold is out
Investors are becoming increasingly bearish after the Federal Reserve raised interest rate-hike expectations.
Rajesh Yohannan
Published Wed, Oct 08, 2014 · 5:50 am
AS the US dollar's strength continues to gather momentum, it's inspiring Asian investors to seek high-yielding assets, while pushing the price of gold to lows not seen in almost a year - PHOTO: AFP
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