BusinessDay
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Gold shoots above $1,800 for first time since 2011

Nine-year high for the haven asset on fears over economic hit from coronavirus

Gold prices rose to more than $1,800 an ounce on Wednesday for the first time in nine years as data showed investors had stashed a record $40bn of cash into funds backed by the precious metal during the first half of the year. The commodity, widely favoured by investors as a store of value in…



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