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Reuters reported that gold is on pace to mark its largest weekly advance in a month, as equity markets suffered a blow.
Reuters reported that gold is on pace to mark its largest weekly advance in a month, as equity markets suffered a blow.
As quoted in the market report:
Gold got a boost this week from a fall in equities, which in Europe posted their biggest one-day drop in nearly a year on Thursday. A rotation out of gold and into stocks this year has helped drive gold prices down 17 percent.
