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Gold comes alive in biggest jump since 2016 after equities roiled

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GOLD
Gold may have finally snapped out of its inertia. On Thursday, prices posted the biggest gain since June 2016, when the UK voted to exit the European Union, after a slump in global equity markets stoked demand for the metal as a store of value. Bullion received another shot in the arm after data showing weaker-than-expected US inflation raised speculation that the Federal Reserve may slow the pace of interest rate increases.
 
 
 
 
 

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