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Commodities

Gold glittered as safe-haven investment in tumultuous 2016

Yellow metal in demand as shelter from the equities storm

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  © Reuters

TOKYO -- Investment demand for gold soared 70% to 1,561 tons last year as stocks swung wildly on such surprises as the Brexit vote and the rise of Donald Trump.

The total marked the highest since 2012, the World Gold Council said in a report Friday.

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