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GOLD LIVE UPDATE BY POWERCOMMODITY.COM

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It’s Time for Contrarians to Get Bullish on Gold (GOAU)

Gold can’t seem to catch a break. The yellow metal normally acts as a safe haven in times of political and economic strife, but in the face of Turkey’s lira meltdown, investors have taken cover instead in the U.S. dollar. On Monday, the stronger greenback pushed gold to end below $1,200 an ounce for the first time since January 2017.

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