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Investors flee to safe havens amid geopolitical tensions

Data shows new money going into gold and T-Bills

US-based commodities precious metal funds, which consists of gold futures, posted inflows of US$295 million, their second consecutive week for the group.

New York

INVESTORS' risk aversion was evident this week as geopolitical tensions sent new money into safe-haven assets such as government Treasury bills as well as gold funds, Lipper data revealed on Thursday.

Taxable bond funds attracted US$1 billion in new cash to mark their...

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