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If you own gold, you're basically short stocks – CNBC

| July 26, 2016 | Latest | No Comments


CNBC

If you own gold, you’re basically short stocks
CNBC
Gold and the stock market have never quite seen eye to eye, but recently the relationship has become one of outright antagonism. That means an investor looking to hedge against a potential market drop could do much worse than picking up some gold.

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LATEST GOLD NEWS

  • Gold Holds Drop to Near One-Year Low as Rate-Hike Bets Increase – Bloomberg
  • ‘People are chucking stuff like gold and Bitcoin’ as rising inflation leads investors to seek yield – Fortune
  • Gold’s break below the October low mirrors April 2013 – Kitco
  • Gold inches higher but heads for weekly loss on US Fed hike concerns – The Business Times
  • Richemont shares slide 8% as gold costs offset H1 operating profit jump – Yahoo Finance Singapore

Gold Holds Drop to Near One-Year Low as Rate-Hike Bets Increase – Bloomberg

‘People are chucking stuff like gold and Bitcoin’ as rising inflation leads investors to seek yield – Fortune

Gold’s break below the October low mirrors April 2013 – Kitco

Gold inches higher but heads for weekly loss on US Fed hike concerns – The Business Times

Richemont shares slide 8% as gold costs offset H1 operating profit jump – Yahoo Finance Singapore

Gold rebounds but heads for weekly fall before US inflation data – CNBC

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