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.
Miner Iamgold said on Friday a person was found unconscious near the camp accommodation complex at its Cote gold project in Ontario and couldn’t be resuscitated.
The person, who was employed by a contractor at the project, was not engaged in mining or construction activities, according to Iamgold.
Authorities were investigating the cause of death, the company said.
(By Seher Dareen; Editing by Shounak Dasgupta)
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