US gold futures end $11 lower as investors flee risk

Newswire

NEW YORK, July 26 (Reuters) - U.S. gold futures finished sharply lower for a second straight day on Thursday as funds liquidated long positions, and as bullion failed to attract any flight-to-quality buying as a wave of risk aversion swept through financial markets. Sales related to gold futures option expirations and roll-over of contracts also weighed heavily on the market, dealers said. "This is not about a commodity. This is not about gold. This is about investors getting out of ...

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