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Gold settled 0.3% lower, down for a second consecutive session, while silver rose nearly 2%, up for a fourth consecutive session.
"Gold is the new risk-free asset in people's mind," said George Catrambone, head of fixed income, Americas, at DWS, in an interview - adding that, right now, 10-year and 30-year Treasury securities ...
MarketWatch told you almost seven years ago that change was already in motion. Still, at the time, it would have been tough to imagine the true scope of influence the gold ETFs have had on the market.