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Precious metal has suffered from a rising US dollar and Treasury bill rates
Metal’s price has fallen 12% to below $1,300 an ounce from a peak in January
Of course.
Net positioning in futures market in negative territory for first time since end of 2001
Fall comes as Turkey’s lira hits an all-time low and investors shy away from EMs
Gold miners eye worst day in about 20 months
A period of risk aversion should help the metal, but the dollar is too strong
Inflows surge for triple-leveraged gold mining ETF
A battle over a Canadian gold miner suggests the sector faces more activism
The miner said it now expects to produce between 1.17m to 1.21m ounces of gold in 2018
Shareholders in Russian gold miner vote to change board for second time in a year
Despite rising tensions, metal has fallen to lowest level in more than 6 months
