Why gold has lost its status as a haven from inflation and market chaos

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Why gold has lost its status as a haven from inflation and market chaos — via financialpost Mining Energy Inflation

, two exchange-traded funds indexed to the largest gold producers and explorers, respectively, are down 42 per cent and 40 per cent.Gold Forum Americas

Fahad wrote that markets are currently pricing in a 20-per-cent chance that the Fed raises interest rates by a full percentage point,A bearish mood seems to have infected the sector, with even the largest gold producers looking to diversify Meanwhile, a bearish mood seems to have infected the sector, with even the largest gold producers looking to diversify.

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