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Investor sell-off behind gold slump

By
Friday, July 6, 2018

Weak investor demand is behind the recent slump in gold prices, according to the World Gold Council. The yellow metal has slipped to around US$1,250/oz in July, hitting a six-month low of US$1,245.84/oz on July 3. Gold averaged US$1,282/oz in June, down from US$1,303/oz in May and around US$1,...

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This news article is one of hundreds published daily by Business News Americas about the commodities, markets, movements, companies, projects, economics and politics integral to the development of Latin America. Including news and insight from South America, Central America and the Caribbean, BNamericas includes insight and forecasts for business opportunities in Mexico. The business development service focuses on major projects, active companies, such as and business and sales contacts, providing networking opportunities with leading executives throughout Latin America.