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Gold set for worst two-day loss since 1983

Gold - Reuters

Gold headed for its biggest two-day drop in 30 years on Monday as funds accelerated their exits from the market, and investors also cut exposure to oil, copper and grain after underwhelming Chinese growth data.

 

Gold Slumps to 10-Month Low

Gold hit a 10-month low and industrially focused precious metals extended a slump, as investors continued to favor other assets on hopes for a steadying global economy.

 

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