Gold dropped to a one-week low on Wednesday as falling stock markets stoked fears about another global flight from risk, while industrial metals were supported by tight supply and oil markets awaited key U.S data.
Gold, traditionally seen as a safe investment in times of economic uncertainty, was hit by the Asia-led market plunge of early March, and took another knock after fears about U.S. banks' exposure to risky borrowers triggered sharp falls on bourses across the world.
Read more at Reuters South Africa
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