Gold price down over 2% as safe-haven metal falls victim to market selloff
Still, gold stands to benefit further from an increasingly volatile macroeconomic and geopolitical environment, according to banks and analysts.
Gold was little changed on Wednesday – changing hands for $1,713 an ounce in late trade in New York – despite the momentous announcement by the chairman of the Federal Reserve fundamentally changing US monetary policy. Ben Bernanke said that the...
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