Tech

This should have been a great year for gold. This is why it isn’t.

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investors expected sticky inflation to raise gold prices this year. Instead, the opposite happened.

The most actively traded gold contract has been declining at a steady pace for six straight months, losing 14% in that period to date. That’s a significant drop for an asset that should have been a haven and marks the longest losing streak since September 2018, when prices fell 9.9% in six months.

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