Gold Rebounds From Eight-Month Low as U.S. Equities Slide
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Gold futures rose as a decline in U.S. equities reignited demand for an alternative asset.
The Standard & Poor’s 500 Index of shares headed for the biggest losses since July. Gold has fallen 5.1 percent this month amid a rally to record for U.S. stocks. Bullion also rebounded today as the dollar pared gains.