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ETF buyers are building their holdings, joining hedge funds that have boosted their net-long position in bullion futures by almost nine-fold since early July.
Richard Bernstein, the CEO of RB Advisors, says that Stanley Fischer's resignation only complicates decision-making by global investors and business leaders.
The S&P 500 Financial Index fell 2.2 percent on Tuesday, the most since May, compared with a 0.8 percent decline in the full index, the widest gap in five months.