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Gold losing safe-haven shine, upsetting bulls

Gold's volatility rose along with stocks turbulence, even as global stocks dived to two-year low

Stubbornly low inflation along with the prospect of tighter US monetary policy has kept a lid on gold, which doesn't pay interest or offer returns, unlike competing assets.

New York

GOLD bulls piled into the metal in hopes that the turmoil sweeping financial markets would finally help revive prices. They were wrong.

Instead of a rally, futures in New York fell for four straight sessions even as global equities plunged to a two-year low. Rather than...

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