| From Asianewsnet.net: Investors are fleeing commodities, including recent red-hot favourite gold, as global inflation eases and the United States dollar gains ground. Gold, popular as a hedge against inflation, has lost much of its dazzle in the past fortnight with prices slumping to their lowest level in more than a year.
After hitting a record US$1,033.90 an ounce in March this year, gold slumped to $705.53 at one point yesterday (October 23), the lowest level since September last year. .... Full Article: Source
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