Gold's surge tests plunging dollar's credibility

Fed plays crucial role amid massive government spending and currency printing

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While status-seeking Indian and Chinese jewelry buyers lose their appetite for gold, investors are gaining a fondness for the metal. (Source photos from Reuters)

MISA HAMA, TATSUYA GOTO and RURIKA IMAHASHI, Nikkei staff writers

TOKYO/NEW YORK -- The price of gold is surging as the coronavirus rages around the world and the U.S. dollar shrinks.

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