Gold Recorded the Sharpest Decline in a Month, Crude Plunged as RMB's Boost Faded

Gold tumbled after hitting a record high yesterday. The benchmark contract for the yellow metal plunged to as low as 1231.6 before settling at 1240.7, down -1.40% and the deepest one-day drop in a month. Profit-taking and strength in USD triggered the selloff.

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Gold Recorded the Sharpest Decline in a Month, Crude Plunged as RMB's Boost Faded

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