Gold tumbled 6 percent to a three-week low on Wednesday, marking its biggest one-day percentage drop in nearly two years as investment funds switched hot money out of the bullion market in a broad-based commodities retreat.
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Gold sinks 6 pct as hot money exits commods marketPosted by UK Economy News
In UK financial news
19Mar 08 Gold tumbled 6 percent to a three-week low on Wednesday, marking its biggest one-day percentage drop in nearly two years as investment funds switched hot money out of the bullion market in a broad-based commodities retreat.
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