Hedge funds slash bullish wagers on gold over Trump election win
The precious metal has fallen about 8% from a record high on Oct. 31, with losses accelerating after Trump’s election victory last week.
There’s a new appetite for equity financing in the global mining sector, as investors tiptoe back into a market that has fretted about funding for the last six months. Boosted by firm metals prices and a less pessimistic outlook for a still-fragile global…