INSUBCONTINENT EXCLUSIVE:
havens in times of trouble such as gold are not be getting any love.
The biggest selloff in equities since February rolled through Asia and
into Europe on Thursday, triggering steep losses in benchmark share indexes, but gold has barely stirred, while other havens from US
at ABC Bullion in Sydney, referring to the precious metal
of declines, the worst run since 1997
The retreat has been driven by a rising dollar, Fed rate hikes, and a sell-off in holdings in exchange-traded funds
per cent gain to $1,198.83 by 10 am in London, after rising 0.4 per cent a day earlier when shares first tanked
The yields on 10-year Treasuries were little changed, while the Japanese yen and Swiss franc held mostly steady against the dollar
