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Hedge Funds Miss Gold Gains After Cutting Wagers

Gold dropped 5.9 percent last month as signs of an improving U.S. job market spurred speculation the Fed was moving closer to increasing borrowing costs.

Traders Magazine Online News, October 13, 2014

Lydia Mulvany

Gold dropped 5.9 percent last month as signs of an improving U.S. job market spurred speculation the Fed was moving closer to increasing borrowing costs.

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