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Gold-backed ETFs needed only the first 10 months of this year to set a record for the amount of gold added to their portfolios in one year, taking in more than 1,000 tons.   © Reuters
Market Spotlight

Gold loses shine as investors get a shot of vaccine optimism

Price slides but weak dollar and renewed Asian buying support bull case for 2021

RURIKA IMAHASHI, Nikkei staff writer | Japan

TOKYO -- The vaccines now offering the world potential exits from the yearlong coronavirus pandemic are having bearish effects on the gold market.

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