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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

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...

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