Gold is not considered an attractive investment during periods of sustainable economic growth, with prices falling. Photo: Bloomberg
Gold is not considered an attractive investment during periods of sustainable economic growth, with prices falling. Photo: Bloomberg

Hedge funds cut gold bullish bets as bullion recovery stalls

Prices fall 2.6 per cent since June as signs of faster US growth fortifies the case for an interest-rate rise and reduces bullion's value as a haven

Gold is not considered an attractive investment during periods of sustainable economic growth, with prices falling. Photo: Bloomberg
Gold is not considered an attractive investment during periods of sustainable economic growth, with prices falling. Photo: Bloomberg
READ FULL ARTICLE