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.
South African mining company Harmony Gold on Friday reported that one of its employees had died at its Doornkop mine.
The company said the person was a rock drill operator and had passed away on Thursday after a fall of ground incident at its mine in Soweto, about 20 kilometres from Johannesburg city.
Harmony Gold said the cause of the accident was under investigation and the affected area has been temporarily closed.
(By Tannur Anders; Editing by Bhargav Acharya)
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